For the first time, China's retail sales of new energy passenger vehicles surpassed those of fuel-powered vehicles in July 2024. Statistics show that in July 2024, the Chinese passenger vehicle market had a retail volume of 1.720 million, comprising 878,000 new energy vehicles and 840,000 conventional fuel vehicles. Also, China became the first nation in the world to produce 10 million new energy vehicles annually on 14th November 2024. Experts predict that by the end of 2024, China will produce more than 12 million new energy vehicles annually.

CBBC invited a panel of experts from the new energy vehicle sector to present an overview of the field's growth and development in China, including key technology forecast, market trends as well as how the development of Chinese new energy vehicle sector will and has influenced the UK’s new energy vehicle industry and how the UK business may take advantage of this opportunity. This event is expected to encourage exchanges and collaboration among organisations from various areas to investigate the potential and challenges presented by market and technological advancements.

What you will learn from the event:

• Overview of the Chinese New Energy Vehicle Market: Gain insights into the current landscape and future trends in China's booming EV sector.
• Key Technology Development: Explore the advancements of core technology development among major Chinese EV manufacturers.
• Opportunities, Barriers and Future: Discover the China's new energy vehicle sector's growth prospects, challenges and effects on the global automotive market, including the UK

Key Details:

• Organiser: China-Britain Business Council (CBBC)
• Date: 5th December (Thursday)
• Time: 9:00am – 10:00am GMT
• Format: Online
• Language: English

Agenda:

• 9:00-9:05    Opening Remarks
  • Mark Xu, Director, Industrial Economy, CBBC, China                                                      
• 9:05-9:45    Panel Discussion
  • Host:  Mark Xu, Director, Industrial Economy, CBBC, China                                                      
  • Weiwei Chen, Senior Analyst, Gasgoo International
  • Dr Huayin Tang, Vehicle & Electrification Product Senior Director, Li Auto
  • Luther Kang, Deal Strategy Partner, Advisory Head of Automotive, KPMG China
• 9:45-10:00    Q&A
• 10:00    End of Event