Production and sales volume of Chinese alternative energy vehicles rank first among the world for two consecutive years

News from Ministry of Industry and Information Technology that Chinese alternative energy vehicles have production and sales volume of 517,000 units and 507,000 units respectively in 2016, ranking first among the world for two consecutive years.

Miao Wei, Minister of Industry and Information Technology Ministry said that, Chinese alternative energy vehicle industry is achieving active progress recently, after several years’ implementation. Total promotion quantity has exceeded 1m units, accounting for more than 50% of global market holding quantity. In 2016,100,000 public charging facilities are newly built in China, which is 10 times of the data in 2015. Beijing, Shanghai and Shenzhen have constructed large-scale charging service network, steadily promoting the construction of charging infrastructure.

In the meantime, alternative energy vehicle technologies have been promoted significantly. Currently, monomer energy density of power batteries have raised 1.7 times compared with 2012, with the price declining 60%. The dynamic performance, fuel economy, safety and comfort for BEV models have increased greatly compared with several years ago, which can basically meet the daily transportation needs and increase social recognition.

According to Miao Wei, BYD, Geely and BAIC have ranked top 10 alternative energy passenger vehicle companies in terms of sales volume across the globe. Domestic alternative energy buses, with world-leading technologies, have been sold to more than 30 countries and districts across the world.