(Source: Xinhua, Dec. 12), "According to the development situation this year, China's new energy automobile production is expected to account for 40% of the global total in 2016." Xu Yanhua, deputy secretary-general of China Automobile Industry Association, said in Beijing that new energy products accounted for more than 1.6% of domestic automobile production between January and October.

Xu Yanhua spoke at the 13th Five-Year High-Level Forum on the Development Trend of New Energy Vehicles held in Beijing on the 10th. At this forum, more than 100 guests from the new energy automotive industry discussed the development trend of new energy automotive technology, policy and market in China in the next few years.

According to the data of China Automobile Industry Association, in November 2016, 84,000 new energy vehicles were produced in China, an increase of 16.21% over the same period last year. From January to November 2016, a total of 428,800 new energy vehicles were produced, an increase of 44.27% over the same period last year.

Xu Yanhua said that behind the rising number of new energy automobile production and marketing is the overall progress of the whole industry: breakthroughs in key core technologies, gradual clarity of the industrial chain, the preliminary formation of a better industrial ecology, and a substantial increase in public acceptance and purchasing desire.

Participants believed that as the "heart" of new energy vehicles, the progress of batteries was particularly significant. According to Guo Wei, general manager of Beijing Guoneng Battery Technology Co., Ltd., the single energy density of domestic lithium iron phosphate and ternary material batteries has doubled 10 years ago. The industry has formed the ability of industrialization of key materials and established a relatively perfect technical system of aluminium ion power batteries. Lithium iron phosphate power batteries have also formed the scale of industrialization, and achieved global matching. The key technologies of fuel cells and components have been mastered preliminarily. "This means that in the next stage of global competition, China's new energy vehicles have the strength and strength to compete." Guo Wei said.

Participants also pointed out that during the 13th Five-Year Plan period, the new energy automobile industry is expected to usher in more "warming" and "acceleration", but it also faces new challenges such as how to make the industrial ecology more perfect, how to change from government-led to market-led, how to break through more core technologies and how to create new energy automobile independent brands.