How are China’s NEV taking center stage globally? [Video]

Chinese NEV company BYD on Tuesday reported a net profit of 30.04 billion yuan ($4.20 billion) for 2023, up 80.72 percent in the same period.

As one of China’s three major tech-intensive green exports, the development of new energy vehicles is one of the topics receiving significant attention at the ongoing Boao Forum for Asia 2024 annual conference. Let’s take a review of the development of China’s NEV.