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From January to May in 2021, global sales of new energy passenger vehicles were 1.86 million, and China accounted for 47 per cent of the world's new energy passenger vehicles, according to the Federation of passengers. It is worth noting that the global sales of generalized new energy passenger vehicles from January to May in 2021 are 3.06 million. Among them, the global sales of new energy vehicles in the narrow sense of plug-in, pure electric and fuel cells were 1.86 million, an increase of 165% over the same period last year.

In fact, as early as 2019, China's new energy passenger vehicles accounted for 51% of the world share, but later, due to the accelerated growth of new energy vehicles in Europe, China's share fell to 41% in 2020. The accelerated growth of new energy vehicles in Europe is due to the strong policy support for new energy vehicles in Europe and the United States, which has been in the stage of accelerated growth since 2020, while sales of new energy vehicles in China began to grow rapidly in January 2021.

China's new energy vehicles are also constantly improving in the world market, with a share of 45% in 16 years, 47% in 17 years, 54% in 18 years, 51% in 19 years and 41% in 20 years. In 21 years, China's new energy vehicles accounted for 47% of the world market.

According to relevant data, the domestic production and sales of new energy exceeded 200000 vehicles in December 2020. In December 2020, the output of new energy vehicles in China was 235000, an increase of 55.7% over the same period last year. Sales in December were 248000, up 49.5% from a year earlier. Among them, the production and sales of new energy passenger vehicles were 214000 and 226000 respectively, up 88.3% and 76.9% respectively over the same period last year. In the new energy passenger car segment, plug-in hybrid sales were 37000, up 81.4 per cent from a year earlier, while pure electric sales were 189000, up 76.0 per cent from a year earlier. The total production and sales of new energy vehicles from January to December 2020 were 1.366 million and 1.367 million respectively, an increase of 7.5% and 10.9% respectively over the same period last year. In 2020, the production and sales of new energy vehicles in China are 1.366 million and 1.367 million respectively.

In recent years, with the promotion and popularization of new energy vehicles, many countries have successively introduced timetables for banning the sale of fuel vehicles, and introduced relevant policies to support the development of new energy vehicles, and relevant car companies have also begun to echo the market. announced that it will soon become a pure electric vehicle brand. In 2018, BAIC announced that it would completely stop selling fuel cars in the national market in 2025. In October 2017, Changan Automobile also released the Shangri-La Plan, which will invest 100 billion yuan in the whole field of new energy vehicles and completely stop the sale of traditional fuel vehicles in 2025. Seahorse also announced that fuel vehicles will be completely phased out in 2025. The Fiat Group also announced a timetable for suspending the sale of traditional fuel vehicles under its brands in 2017. Maserati has only produced pure electric and hybrid models since 2019. In 2021, the Jeep brand will all use the electric version. Jaguar Land Rover also said that all newly released Jaguar Land Rover models will be electrified from 2020. Volkswagen said that by 2030 at the latest, all models will be electrified and the sale of traditional fuel cars will be completely stopped.

According to the China Automobile Association, the production and sales of new energy vehicles from January to May this year were 967000 and 950000 respectively, an increase of 224% over the same period last year. By the end of May this year, there were about 5.8 million new energy vehicles in China, accounting for about 50 per cent of the total number of new energy vehicles in the world. Fu Bingfeng, secretary-general of the China Automobile Association, said that in the next five years, the sales of new energy vehicles in China will grow at an average annual rate of more than 40%, and the proportion of new energy vehicles will increase significantly to 20% and 30% in 5-8 years. In the view of the industry, new energy vehicles will show a trend of continuous upward development. At the China Automobile Forum held by the China Association of Automobile Manufacturers, Fu Bingfeng, executive vice president and secretary general of the China Automobile Association, predicted that sales of new energy vehicles in China will grow at an average annual rate of more than 40% in the next five years.

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