Nowadays, Chinese government has announced the "Chinese Manufacture 2025" strategy. In this strategy, it has defined the clear direction of new energy vehicle. It has showed that Electric vehicle, Hybrid electrical vehicle, Plug-in Vehicle, Fuel Cell Vehicle, smart internet auto are the key direction of automotive industry in China.
The strategy showed, by end of 2020, Chinese local brand EV, Plug-in HEV should be produced and sold more than 100 millions per year. It showed be more than 70% in the Chinese NEV market. By end of 2025, the annual volume should be more than 300 million, and the technology should be synchronized with international advanced NEV. Chinese local brand should be more than 80% market. EV and Plug-in EV should be not only hold the main stream in Chinese local market, but also should be exported to international markets.