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Taicang Port sees surge in NEV throughput since beginning of 2025

China

China

China

Taicang Port sees surge in NEV throughput since beginning of 2025

2025-02-02 17:52 Last Updated At:18:37

Taicang Port in east China's Jiangsu Province has seen a significant surge in new energy vehicle (NEV) exports since the beginning of 2025, with automobile throughput expected to reach 65,000 in the first month.

Taicang Port stands as the largest export base along the Yangtze River for products such as photovoltaics, NEVs, and lithium battery storage cabinets, with exported cars accounting for one-tenth of the national total.

In addition to NEVs, lithium battery storage cabinet manufactured in China have emerged as another hot export item at Taicang Port.

At the Zhenghe International Wharf of Taicang Port, the average daily container throughput reached nearly 10,000 TEUs during the Spring Festival holiday, with the wharf's tower cranes operating around the clock at full capacity.

Various port departments are working in coordination to ensure smooth exports. Additionally, the wharf underwent early reconstruction to meet safety standards for lithium battery storage cabinets.

Taicang Port sees surge in NEV throughput since beginning of 2025

Taicang Port sees surge in NEV throughput since beginning of 2025

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Crude futures settle higher

 

Oil prices rose on Wednesday.

The West Texas Intermediate for February delivery increased by 87 cents, or 1.42 percent, to settle at 62.02 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for March delivery gained 1.05 dollars, or 1.6 percent, to settle at 66.52 dollars a barrel on the London ICE Futures Exchange.

Crude futures settle higher

Crude futures settle higher

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