China Automobile Dealers Association: Monthly Report on New Energy Vehicle Industry in November 2021

Overall performance of the new energy market

• In November, pure electric vehicle sales were approximately 294,000 units, a year-on-year increase of 95.1% and a month-on-month decrease of 24.0%; plug-in hybrid vehicle sales were approximately 73,000 units, a year-on-year increase of 154.6% and a month-on-month decrease of 30.6%.
• In 2021, the cumulative sales of new energy vehicles reached 2.446 million units, a year-on-year increase of 168.0%.

New energy enterprise event - Chery New Energy and Haier Automotive Ecological Platform reached a strategic cooperation

• On November 16, Chery New Energy Automobile Co., Ltd. signed a strategic cooperation agreement with Qingdao Haili Intelligent Driving Ecological Technology Co., Ltd. The two parties will integrate their respective advantageous resources, carry out strategic cooperation in R&D and manufacturing, supply chain, after-sales service, joint marketing, etc., and jointly explore new models of ecological integration of new energy vehicles.

New energy enterprise event: GAC Group announces carbon neutrality by 2050

• On November 19, GAC Group announced the specific goal of the "Green Clean Plan": to achieve carbon neutrality throughout the product life cycle by 2050. In addition, at the press conference, GAC Trumpchi officially released the "hybrid + intelligent" development strategy and unveiled the new concept car EMKOO.

Major event for new energy enterprises: Salon Auto's first model officially unveiled

• On November 19, the world's first warm and cool mecha technology brand - Salon made a grand debut at the Guangzhou Auto Show. At the same time, its first high-performance mecha war racer Mecha Dragon simultaneously opened reservations for 101 global limited editions, priced at 488,000 yuan, and is expected to be officially launched next year.

Ministry of Industry and Information Technology: 2021 11th Batch of New Energy Vehicle Recommended Catalog

• On December 8, the Ministry of Industry and Information Technology released the 11th batch of recommended new energy vehicle catalogues for 2021. A total of 194 new energy vehicle models were selected, including 159 new energy vehicle models that meet the 2021 product technical requirements, 35 other new energy vehicle models, and 30 new energy passenger car models.

The Ministry of Industry and Information Technology and other four departments: Guiding Opinions on Strengthening Industrial-Agricultural Cooperation to Promote Green Industrial Development

• On November 5, the Ministry of Industry and Information Technology, the People's Bank of China, the China Banking and Insurance Regulatory Commission, and the China Securities Regulatory Commission jointly issued the "Guiding Opinions on Strengthening Industrial and Financial Cooperation to Promote Green Industrial Development."
• The notice pointed out that it is necessary to coordinate economic, social and environmental benefits, establish commercially sustainable industrial and financial cooperation to promote the path of industrial green development, guide financial resources to provide precise support for industrial green development, assist in building a strong manufacturing country and a strong cyber power, continuously enhance the influence of China's industrial green development, and contribute to the construction of a new global climate governance system.