In 2024, China’s new energy vehicle (NEV) sector delivered a performance that captured the world’s attention. According to data from the China Association of Automobile Manufacturers (CAAM), China sold 12.866 million NEVs over the year, accounting for 70.5% of the global total of 18.236 million. In addition, China’s automobile exports reached 5.859 million units—a year-on-year increase of 19.3%. Leading the surge was BYD, which exported 433,000 vehicles, up 71.8% from the previous year, making it the fastest-growing exporter among Chinese brands.
“NEVs have become the main battlefield in the global automotive competition,” stated Fu Bingfeng, Executive Vice President and Secretary General of CAAM. As China takes center stage, what gives it the edge? And what lies ahead in this transformation driven by policy, technology, and market forces?
To explore the pivotal trends shaping this historic turning point, the “2025 International New Energy Vehicle Electronics Ecosystem Development Conference” will be held on July 31, 2025, in Shenzhen. Guided by the Automotive Electronics Committee of the China Sensor and IoT Industry Alliance and organized by ChinaExportsemi (a division of Yeehai Global), the event will bring together industry leaders from the automotive, semiconductor, sensor, battery, and overseas markets to explore how China’s NEV industry is entering a new phase of global expansion.
I. China’s Home Advantage on the Global Stage
With global consensus on the transition to electrification, China is undoubtedly in the lead. Over the past decade, the nation’s NEV industry has advanced through four critical phases—policy incubation, market activation, industrial formation, and technological leadership.
Today, China boasts the world’s most complete NEV industrial chain—from power batteries, electric motors, and control systems to key components like IGBT, MCU, LiDAR, and CIS image sensors. This ecosystem has achieved both scale and clustering advantages.
In terms of product competitiveness, Chinese NEVs now cover the full market spectrum—premium, mid-range, and entry-level—and continue to raise the bar in intelligence, range, and electronic architecture. Brands such as BYD, NIO, XPeng, and Neta are gaining recognition worldwide. In emerging markets like Europe, Southeast Asia, the Middle East, and Latin America, “Made in China” electric vehicles are becoming a preferred choice for green mobility.
In 2024, global NEV sales rose 22% year-on-year, with China remaining the key growth driver. China’s dominant position is not only reflected in market volume, but also in its growing technological leadership, brand influence, and role in setting global standards.
Figure: 70.5% Market Share – How China Is Winning the Global NEV Race
II. Technology Disruption Amid Electrification’s Certainty
Despite rapid market growth, the heart of NEV competition is shifting from whole vehicles to the core technologies behind key components and systems. The race is now about who holds the technological high ground in areas like automotive-grade chips, high-performance electric drives, AI-powered autonomous driving, intelligent sensing, and battery safety.
As intelligent driving becomes increasingly democratized, LiDAR and millimeter-wave radar technologies are rapidly becoming more accessible. Domestic replacements for CIS image sensors, environmental gas sensors, and automotive-grade MCUs are entering mass production. In the electric drive domain, ultra-quiet systems operating below 28dB are already in volume production. Meanwhile, solid-state batteries, ambient lighting drivers, and thermal runaway detection technologies are redefining the “three electrics” (battery, motor, and control) system architecture.
“Technological innovation is the primary driver of enterprise growth,” noted Xin Guobin, Vice Minister of the Ministry of Industry and Information Technology (MIIT). He emphasized the need for Chinese electronics firms to balance original innovation with global collaboration. That philosophy is at the heart of the 2025 Conference: a high-value platform bridging future-facing technologies with market-ready solutions, and linking domestic breakthroughs with global opportunities.
III. The Rise of “Chinese Solutions” on the Global Stage
Despite rising geopolitical tensions and trade frictions, the momentum behind electrification remains strong. In fact, Chinese companies are accelerating their efforts to go global—not just manufacturing in China, but competing internationally through brand building, technological leadership, and strategic channel development.
Reflecting this global ambition, the 2025 Conference will feature a dedicated “NEV Supply Chain Going Global Forum,” where leaders such as:
Wang Lidongzi, CTO of FOS Technology,
Liu Xinghu, GM of the Automotive Division at YuanShi Vision,
George Kapsokalyvas, Chairman of Germany’s N9 Group,
will share insights on the global opportunities and challenges surrounding LiDAR, CIS imaging, lithium battery packs, and automotive components.
It’s clear that China’s automotive expansion will no longer focus solely on vehicle exports. The next frontier lies in the global integration of parts, supply chains, technical standards, and collaborative networks—transforming China’s role from “global supplier” to “global player,” optimizing both supply and brand value on the world stage.
IV. A Strategic Platform Connecting Technology and the Market
As one of China’s most influential events in the NEV electronics sector, the 2025 Conference will feature an impressive lineup of top-tier speakers and innovators, including:
Wu Kai, Chairman of Wunder Kraft – presenting next-generation ultra-quiet electric drive systems
Dong Yusheng, VP of MAXIEYE – decoding AI-driven smart driving trends
Li Luqiang, Radar R&D Director at Baolong Automotive – discussing the evolution of intelligent sensing
Wang Lidongzi, CTO of Fortsense Technology – unveiling breakthroughs in cost-effective LiDAR design
Hu Xuejiao, GM of Sucool Tech – introducing innovations in battery thermal runaway detection
Zhou Aimin, Chairman of Huilipu Intelligent – showcasing the world’s first low-noise electric actuator
In addition to the main forum, the conference will host parallel sessions focused on:
Automotive Chips & Components Innovation
Electric Drive, Battery & Body Systems
Automotive Sensor Technologies
Complementing the forums will be dedicated areas for corporate showcases, product matchmaking, and an exclusive VIP strategy dinner to foster deeper industry collaboration and commercialization.
Adding further international dimension, the Consulate General of Israel in Guangzhou will serve as a co-organizer, bringing new momentum to Sino-Israeli cooperation in NEV technology and investment.
V. Conclusion: China Needs a Global Stage
China’s NEV leadership is more than a numbers game—it represents a leap in technology maturity and industry logic. The “home field” advantage is not the end goal, but rather the launchpad for Chinese companies to shine globally.
On July 31, 2025, Shenzhen will once again become a global focal point for the NEV industry. This high-level conference—bringing together capital, technology, brands, and partnerships—will serve as both a showcase and a catalyst for a new wave of industrial transformation.
Here, we look forward to seeing more “Chinese Solutions” enter the global arena, using the power of the “electronics ecosystem” to drive the NEV industry toward its next destination.
Disclaimer: The information provided about the conference represents a preliminary arrangement. The agenda, speaker lineup, and session content are subject to change based on actual circumstances. Please refer to the latest official announcements for updates. Thank you for your understanding and support.
