China to emerge as new center of auto supplies, says expert


Source: pdnews.cn pdnews.cn

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Zhang Yongwei, vice-president of China EV 100, delivers a speech. (Photo: chinadaily.com.cn) China, the world's largest market for new energy vehicles, is expected to become a new important center of the global auto supply chain, said Zhang Yongwei, vice-president of China EV 100, a major think tank in the new energy vehicle industry. Zhang made the remarks in a speech at the Conference on Innovated Global Supply China of NEV and ICV held in Nanjing, capital of Jiangsu province from Tuesday to Wednesday. Companies in China supplied over 50 percent of the world's new energy vehicles' power batteries in 2021,...