CHINA DAILY – A container train loaded with 93 new-energy vehicles (NEV) pulled into the Ningbo-Zhoushan port in east China’s Zhejiang province on Thursday. The event completed the assembly of a batch of 402 NEVs to be sent to Europe via container ship, marking the launch of a new time-saving passage for China’s NEV exports.
For the vehicle manufacturer, the new rail-sea export route is an upgrade on the roll-on/roll-off ships often used for China’s NEV exports, and is aimed at improving efficiency and further stabilising the supply chain.
China’s exports of NEVs surged 96.7 per cent to 499,000 units in the first 10 months of 2022, attesting to the industry’s robust growth so far this year buoyed by supply chain resilience and supportive policies.
“NEV exports have become a new driver of foreign-trade growth because China is playing an increasingly critical role in the global NEV industry chain,” said Bai Ming, a researcher with the Chinese Academy of International Trade and Economic Cooperation under the Ministry of Commerce.
The country’s NEV sales accounted for 62.9 per cent of the global total in the first three quarters of this year, data from the China Association of Automobile Manufacturers (CAAM) shows.
Europe emerged as one of the biggest buyers of Chinese NEVs in recent years amid its push for low-carbon goals. The European Parliament and Council agreed in late October that all new cars and vans registered in Europe would be emissions-free by 2035.
