Skip to Content Facebook Feature Image

Innovation fuels China's NEV boom

China

China

China

Innovation fuels China's NEV boom

2025-04-26 19:43 Last Updated At:23:17

⁠⁠⁠⁠⁠⁠⁠Innovative breakthroughs in auto chips, operation system and batteries give Chinese new energy vehicles (NEVs) a powerful edge to thrive in global market.

Many futuristic models featuring the most advanced tech are on display at the ongoing 21st Shanghai International Automobile Industry Exhibition (Auto Shanghai 2025) which runs from April 23 to May 2.

Major Chinese electric vehicle (EV) maker Nio showcases its crossover coupe ET9 model at the auto show. Those who watch films in this car will have an immersive experience as it features an intelligent chassis which allows the car to perform significant body shaking.

Those advanced features are supported by Nio's self-developed chips and operating system.

The world's first 5nm intelligent driving chip "NX9031" is also showcased at Nio’s exhibition booth of the auto show.

"The chip, the full-domain operating system, and the intelligent chassis are the new three core components of intelligent vehicles. They also represent the latest breakthroughs in technological innovation within China's automotive industry," said Li Bin, Nio's founder.

These technological breakthroughs are already being applied across many Chinese smart car models.

"Built on our all-new multi-energy platform architecture, we have launched a brand-new high-end vehicle series that feature cutting-edge technologies including intelligent assisted driving and AI smart cockpits," said Guo Baixun from GAC Motor.

In addition to automakers, Chinese EV suppliers are also pushing for innovation along the supply chain.

China-based global lithium battery manufacturer EVE Energy has achieved mass production of domestically made large cylindrical batteries that are applied in passenger vehicles.

Meanwhile, another leading Chinese battery maker, Sunwoda EVB, is betting big on the ultra-fast charging field.

"We are making strong advances in the ultra-fast charging field, aiming for even higher speeds. In the future, charging will be as fast as refueling, so energy replenishment will no longer be an issue,"  said Dai zhihua, vice president of SEVB Power Technology Co., Ltd.

Innovation fuels China's NEV boom

Innovation fuels China's NEV boom

Chinese stocks closed higher on Wednesday, with the benchmark Shanghai Composite Index up 2.70 percent to 3,995.00 points.

The Shenzhen Component Index closed 4.79 percent higher at 14,042.50 points.

The combined turnover of the two indices totaled 2.43 trillion yuan (about 353.8 billion U.S. dollars), expanding from 1.61 trillion yuan on the previous trading day.

Precious metals, AI applications, computing hardware and semiconductor chips led the gains, while oil, gas, coal and pharmaceutical retail bucked the trend and fell.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 5.91 percent to close at 3,347.61 points.

The STAR Composite Index, which reflects the performance of stocks on China's sci-tech innovation board, closed 5.64 percent higher at 1,738.35 points.

Chinese shares close higher Wednesday

Chinese shares close higher Wednesday

Recommended Articles