China registers record output of 20 mln NEVs

China's 20 millionth new energy vehicle (NEV) rolled off the production line on Monday in Guangzhou, capital of Guangdong Province, creating a remarkable milestone for the country's NEV sector.

The car was produced by GAC Aion New Energy Automobile Co., Ltd. With this record, the NEV sector has entered a new stage of large-scale, globalized and high-quality development, and is becoming an important part of China's modern industrial system.

According to GAC Group, since China registered its first NEV project in 1992, the country has made remarkable achievements in developing its NEV sector, as its current production and sales volumes for NEVs have both ranked first worldwide for eight years in a row.