00:00China's new energy vehicle market hit another milestone in October this year,
00:05with monthly sales accounting for more than half of the country's total new car sales for the first time.
00:11Statistics released by the China Association of Automobile Manufacturers on Tuesday
00:16showed that from January to October, automobile production and sales reached 27.692 million
00:24and 27.687 million units, respectively, which was an increase of more than 10 percent year on year.
00:34The production of EV reached 13.015 million units,
00:39while sales hit 12.943 million units, up by more than 30 percent from last year.
00:46In October, EVs accounted for 51.6 percent of car sales nationwide.
00:54At the 8th China International Import Expo held in Shanghai from November 5th to 10th,
01:21global automakers showcased their products to further capitalize on the growing EV market
01:26and seek greater investment ties with China.
01:29In China, especially Shanghai showcases the strong ecosystem that brings up innovations and China's speed.
01:56So you find these innovations very fast in our cars.
02:00Many of these international car sales companies are all the same as the first-year-old company.
02:04They are the main leaders of the sales company of the first-year-old company.
02:08They also希望, through the sales company, to share the value of China's economic market market,
02:14especially in electric vehicles, digital networks, and new technologies.
02:19I hope to strengthen the cooperation with China partners and cooperation.
02:22Statistics further revealed that from January to October, China exported 2.014 million new EVs, which was a sharp 90.4% year-on-year increase.
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