China's Electric Vehicle Production Expected to Surpass 10 Million in 2023, Says CAST President Wan Gang

Published: Jun 28, 2024 17:34

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China Association for Science and Technology President Wan Gang: China's Electric Vehicle Production is Expected to Exceed 10 Million This Year" On June 26th, Wan Gang, the President of the China Association for Science and Technology, stated that China's electric vehicle production is expected to exceed 10 million units this year. Regarding the recent trade frictions in the electric vehicle market, Wan Gang said that the Chinese market has already achieved internationalization, and establishing trade barriers is not a consensus, and many EU countries have also expressed opposition to this. The reason why foreign markets are surprised or even panicked about China's electric vehicles is that trade and investment are not yet combined. He said, "Although our new energy vehicles have little export, we can start to try investing in Europe, so that Chinese automobile companies can enter the local industrial chain and accelerate the globalization process.

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