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Shanghai eyes over 1.2 million-unit NEV annual outputs by 2025

Nika From Gasgoo| February 25 , 2021 11:16 BJT

Shanghai (Gasgoo)- Shanghai aims to increase its annual outputs of new energy vehicles (NEVs) to over 1.2 million units in 2025, according to the Implementation Plan for Shanghai Speeding up the Development of NEV Industry (2021-2025) (called “the Plan” for short”) issued by Shanghai municipal government on Feb. 25.

With an expected production value of 350 billion yuan ($54.218 billion) per year, the NEV should account for over 35% of the city's total production value of manufacturing industries by 2025. Besides, the R&D and manufacture of the NEV-related core parts like power batteries should hit the globally advanced level and significant headway should be made in the core technologies for auto connectivity and intelligence.

Shanghai eyes over 1.2 million-unit NEV annual outputs by 2025

Roewe ERX5; photo credit: Roewe

By 2025, all-electric vehicles (or BEVs) should make up over 50% of all new private car sales in Shanghai, according to the roadmap Besides, the newly-added buses, taxis, official vehicles of Party and government offices, postal delivery cars and trucks in downtown areas should be 100% NEVs. The goals are also to raise the ratio of NEVs to over 80% of newly-added sanitation vehicles and official cars of state-owned enterprises and public institutes, and to over 50% for ride-hailing cars. More than 10,000 fuel cell vehicles (FCVs) should be deployed by 2025.

Under the plan, the capabilities in applications of auto connectivity and intelligence should be evidently enhanced. The intelligent vehicles with conditional automation should go into scale production, and those with high-level automation should be commercially used in specific areas and scenarios.

Shanghai will continue to improve the deployment of supporting infrastructures and the R&D of EV charging and battery swapping technologies, said the Plan. By 2025, over 70 hydrogen-refueling stations should be launched to cover all key regions.

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