Close Menu
Nabka News
  • Home
  • News
  • Business
  • China
  • India
  • Pakistan
  • Political
  • Tech
  • Trend
  • USA
  • Sports

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Volunteers aid students during national college entrance exam in C China-Xinhua

June 8, 2025

The ‘custody clause’ that doesn’t exist

June 8, 2025

The fall of Bollywood’s conscience

June 8, 2025
Facebook X (Twitter) Instagram
  • Home
  • About NabkaNews
  • Advertise with NabkaNews
  • DMCA Policy
  • Privacy Policy
  • Terms of Use
  • Contact us
Facebook X (Twitter) Instagram Pinterest Vimeo
Nabka News
  • Home
  • News
  • Business
  • China
  • India
  • Pakistan
  • Political
  • Tech
  • Trend
  • USA
  • Sports
Nabka News
Home » NEV cooperation among RCEP members fuels green development-Xinhua
China

NEV cooperation among RCEP members fuels green development-Xinhua

i2wtcBy i2wtcJune 8, 2025No Comments5 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
Follow Us
Google News Flipboard Threads
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link


This photo taken on Oct. 10, 2023 shows the NIO Second Advanced Manufacturing Base in Hefei, east China’s Anhui Province.(Xinhua)

HEFEI, June 8 (Xinhua) — From new energy vehicles (NEVs) to shared visions of a greener future, low-carbon development brought China and its fellow Regional Comprehensive Economic Partnership (RCEP) member states closer together at a recent dialogue in Hefei, east China’s Anhui Province.

The dialogue was focused on NEVs and advanced photovoltaic industrial and supply chains, and spotlighted the growing resolve of participating countries to transform mobility and advance sustainable development.

It was a key part of the 2025 RCEP Local Governments and Friendship Cities Cooperation (Huangshan) Forum, which ran from June 4 to 6 and brought together approximately 300 delegates from all 15 RCEP member states. The forum yielded 27 cooperation deals spanning trade, technology and sister-city ties.

Under the RCEP framework, a number of joint projects were unveiled and signed during the event, reflecting a shared commitment to sustainability and deeper regional collaboration.

As protectionism and unilateralism continue to challenge global supply chains, the electric vehicle industry is facing increasing uncertainty.

Against this backdrop and as the world’s largest free trade agreement by population and trade volume, the RCEP is emerging as a stabilizing force, bringing greater certainty to the global economy. This perspective was echoed by many forum participants.

Under the RCEP framework, NEV cooperation between member states is gaining strong momentum. In May, PT SGMW Motor Indonesia (Wuling) celebrated the production of its 3-millionth electric vehicle globally, and has manufactured 40,000 units at its plant in Cikarang, West Java. Geely reached a key milestone with the trial production of its EX5 model at its factory in Purwakarta, Indonesia, which is set to begin mass production in the third quarter.

This photo taken on April 25, 2024 shows a new energy vehicle (NEV) produced by BYD, China’s leading NEV manufacturer, at a plant of BYD in Zhengzhou, central China’s Henan Province. (Xinhua/Li Jianan)

Meanwhile, Chinese electric vehicle giant BYD has begun construction on a passenger vehicle plant in Cambodia’s Sihanoukville Special Economic Zone. With a planned annual capacity of 10,000 vehicles, the plant is expected to start operations by the end of this year.

Representatives at the forum noted a clear shift in NEV cooperation among RCEP members — from early-stage vehicle exports to deeper local integration. This transition has been marked by the establishment of regional manufacturing hubs and the development of full supply chains, including battery materials and key components.

SAIC-GM-Wuling Automobile’s factory in Indonesia, for example, has adopted a comprehensive setup encompassing both car manufacturing and the supply of parts to support the upgrade of the country’s auto industry.

Visitors view chargers for new energy vehicles during the 135th session of the China Import and Export Fair, also known as the Canton Fair, in Guangzhou, south China’s Guangdong Province, April 15, 2024.
 (Xinhua/Liu Dawei)

Major Chinese battery makers such as China Aviation Lithium Battery (CALB), Gotion High-Tech and SVOLT Energy Technology have also expanded into RCEP countries, building factories in Thailand, Vietnam and beyond. Some have already begun local production, accelerating the regional growth of an electric vehicle ecosystem.

“ASEAN represents a vibrant and dynamic region, with rising demand for mobility solutions, growing environmental awareness, and a youthful population that embraces change,” said Edmund Araga, president of the Electric Vehicle Association of the Philippines.

In recent years, RCEP members have set goals to cut carbon emissions. Cambodia is aiming to achieve net-zero emissions by 2050 and increase its renewable energy share to 70 percent by 2030. Thailand is planning for electric vehicles to account for 30 percent of its car production by 2030, and to reach carbon neutrality by 2050.

“Together, we represent more than 2.3 billion people and around 30 percent of global GDP. That is not just economic scale — it is social responsibility,” said Bhokin Bhalakula, former president of the National Assembly of Thailand and chairman of the Thai-Chinese Culture and Economy Association, speaking of the RCEP member states.

“RCEP has established a mechanism for long-term cooperation for us,” said Dennis Chuah, president of the Electric Vehicle Association of Malaysia, adding that battery development and recycling are expected to become key areas of long-term cooperation between Malaysia, China and other RCEP members.

As the host city of the dialogue, Hefei is making big strides in the new energy sector. In 2024, the city’s NEV output exceeded 1.37 million units, with the total value of its industrial chain hitting 260 billion yuan (about 36.19 billion U.S. dollars). Its solar and energy storage sectors also saw rapid growth, exceeding 180 billion yuan.

According to the China Association of Automobile Manufacturers, China produced nearly 4.43 million NEVs in the first four months of 2025, up 48.3 percent year on year, with sales rising 46.2 percent to 4.3 million units. NEVs accounted for 42.7 percent of all new vehicle sales during the period.

“China has become a global leader in NEVs — not just in terms of production, but in R&D, battery innovation, infrastructure and scale,” Araga said. “Together, we have the power to shape the future of mobility in Asia and the world.”  ■



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
i2wtc
  • Website

Related Posts

China

Volunteers aid students during national college entrance exam in C China-Xinhua

June 8, 2025
China

When roar of football pauses for quiet of dreams-Xinhua

June 8, 2025
China

Why Guangdong-Hong Kong-Macao Greater Bay Area is a must-watch for global businesses-Xinhua

June 8, 2025
China

Photo exhibition held in Moscow to commemorate 80th anniversary of victory in World Anti-Fascist War-Xinhua

June 8, 2025
China

China remains a steadfast partner: Sri Lankan deputy minister-Xinhua

June 8, 2025
China

China targets nationwide expansion of labor pain relief services-Xinhua

June 7, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Volunteers aid students during national college entrance exam in C China-Xinhua

June 8, 2025

Swimming at the 2023 World Aquatics Championships Preview

January 5, 2020

21 Best Smart Kitchen Appliances 2024 – Smart Cooking Devices

January 6, 2020

World Music Day 2023: What Is It and Why Do We Celebrate It?

January 7, 2020
Don't Miss

Trump says China’s Xi ‘hard to make a deal with’ amid trade dispute | Donald Trump News

By i2wtcJune 4, 20250

Growing strains in US-China relations over implementation of agreement to roll back tariffs and trade…

Donald Trump’s 50% steel and aluminium tariffs take effect | Business and Economy News

June 4, 2025

The Take: Why is Trump cracking down on Chinese students? | Education News

June 4, 2025

Chinese couple charged with smuggling toxic fungus into US | Science and Technology News

June 4, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

About Us
About Us

Welcome to NabkaNews, your go-to source for the latest updates and insights on technology, business, and news from around the world, with a focus on the USA, Pakistan, and India.

At NabkaNews, we understand the importance of staying informed in today’s fast-paced world. Our mission is to provide you with accurate, relevant, and engaging content that keeps you up-to-date with the latest developments in technology, business trends, and news events.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Volunteers aid students during national college entrance exam in C China-Xinhua

June 8, 2025

The ‘custody clause’ that doesn’t exist

June 8, 2025

The fall of Bollywood’s conscience

June 8, 2025
Most Popular

Musk returns to China to strengthen Tesla’s self-driving technology: Report

April 28, 2024

China’s third aircraft carrier Fujian tests power and navigation in first sea trial

May 1, 2024

China launches lunar probe to collect samples from the far side of the moon

May 3, 2024
© 2025 nabkanews. Designed by nabkanews.
  • Home
  • About NabkaNews
  • Advertise with NabkaNews
  • DMCA Policy
  • Privacy Policy
  • Terms of Use
  • Contact us

Type above and press Enter to search. Press Esc to cancel.