Translated with AI
Recently, at the Shanghai Auto Show, Chinese electric cars attracted the interest of many foreigners thanks to their innovative technologies and high price-quality ratio, reports People's Daily.
In 2024, China's annual production of new energy vehicles will surpass 10 million units for the first time in history, reaching 12.9 million. This accounts for 70% of global electric vehicle sales. Foreign media outlets are delighted to note that Chinese "green" cars demonstrate "Chinese speed" and open up "Chinese opportunities."
International organizations and analysts unanimously predict a steady growth of the Chinese new energy vehicle market, which will become a key force in the global green transformation of the auto industry. Why are foreign media so confident in China's prospects?
Confidence comes from the market. China, with a population of over 1.4 billion and a large middle-income group, is a super-large market.
Confidence comes from the future. As the German newspaper Münchner Merkur notes, the average age of Chinese electric car buyers is only 34 years old – significantly lower than in the EU, where the average age is 56. Winning over the youth means winning over the market of tomorrow.
Confidence comes from innovation. Chinese manufacturers have placed their bets on technological breakthroughs as a key driver of growth.
In the global wave of green transformation, Chinese new energy vehicles are racing towards an even brighter future.
(Editor: Deng Jie, Yang Qian)
