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Guangzhou to produce one million NEVs a year by 2025

Many new cars are displayed in the Green Car China auto show in Guangzhou, south China's Guangdong Province, July 21, 2017. The auto show, featuring energy saving, new energy and smart car technologies, opened its second plenary Friday. (Xinhua/Zhang Ruoxuan)

The output of Guangzhou's new energy vehicles (NEVs) will reach one million units by 2025, according to the news released on the 2017 Green Car China auto show.

The auto show, held in Guangzhou from July 21 to 23, features energy saving, new energy and smart car technologies, has attracted almost 60,000 visitors and over 110 major enterprises in the field from various countries and areas, such as US, Germany, France and etc.

The GS4 PHEV produced by GAC Group.

Guangzhou-produced NEVs such as Guangzhou Automobile Group (GAC)'s EV model GE3 and GS4 PHEV, become one of the highlights on the exhibition. "A government subsidy up to 66,000 RMB will be offered when buying a NEV in Guangzhou and I prefer to select a GAC product", said one visitor surnamed Liu on the auto show.

It is learned that electric and smart vehicles will be the important trend for auto industries in future. Exactly, Guangzhou makes great progress on the development of NEVs to boost industrial upgrading in the field.

For instance, Guangzhou GAC & BYD New Energy Autobus Co., Ltd settled down at the city's Conghua District in 2014. It produced more than 2,000 new energy autobuses with sales value amounts to billions of RMB in 2016. By 2019, all buses in Guangzhou will be equipped with electric engines.

According to Chen Zhiying, Vice Mayor of Guangzhou, GAC had begun construction of a large industrial park with an investment of more than 45 billion RMB (6.52 billion USD) for new energy and intelligent connectivity vehicles on April this year.

"Development of NEVs, connected with intelligent technology, and unmanned vehicles, will be an industrial trend in the next five to 10 years. We will make great efforts to meet the market change," said Feng Xingya, general manager of GAC Group.

Construction of the first phase of the industrial park will be finished by the end of 2018, with a designed production capacity of 200,000 NEVs a year, according to the company.

In future, NEVs will gain further support in the city without purchase and traffic restrictions. Besides, Guangzhou is to build more charging points for electric vehicles.

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