Environmental protection has always been a concern for countries and a common goal worldwide. The advancement of technology enables people to do more and do better in environmental protection. Various fields are gradually investing technology into environmental protection, and the birth and continuous optimization of new energy vehicles have become one of the key factors in reducing carbon emissions on the road, driving the goal of achieving carbon neutrality in the future.

The latest market trend report on new energy vehicles covers how new energy vehicles can promote green travel, their technological development, future trends, and related product recommendations, helping you comprehensively grasp the possibilities of new energy vehicle future development and explore the next design direction.

Key focus of future transportation development: green travel

With the release of the European Green Deal by the European Commission in 2019, which established the goal of achieving carbon neutrality by 2050, efforts are being made globally in various fields, with particular emphasis on areas with high carbon emissions. Road transportation is the first to bear the brunt, with its carbon emissions accounting for up to 80% of the entire transportation industry. As a result, the concept of green travel emerged, encouraging everyone to travel in a way that minimizes the impact on the environment through energy conservation and emission reduction.

With the help of technology, advances in battery technology, power electronics technology, and electric motors have driven the development of new energy vehicles. In addition to electric vehicles, plug-in hybrid vehicles and fuel cell vehicles also belong to the category of new energy vehicles. Unlike traditional fuel vehicles, new energy vehicles use clean energy sources such as electricity, solar energy, etc., which produce minimal or even no pollutants and do not impose a burden on the environment. In recent years, new energy vehicles have been continuously optimized, such as electric vehicles, whose range has been upgraded with the improvement of lithium battery efficiency and charging technology, providing users with a more satisfactory travel experience. In the future, new energy vehicles will be upgraded in terms of intelligence, including further development of autonomous driving technology, integration with the Internet of Vehicles, and the use of big data, making car travel more comfortable and safe, while achieving energy conservation and environmental protection.

Optimistic development prospects

According to data, global sales of new energy vehicles are on the rise, with 6.7 million units sold in 2021, more than five times the 1.22 million units sold in 2017, and expected to skyrocket to 47.8 million units by 2030 due to the rapid development of smart car technology. The same goes for sales in China, which have surged from 777000 units in 2017 to 3.521 million units in 2021, and are expected to continue their upward trend. Some peripheral data also suggests that the number of global public charging stations in 2022 has increased by more than 2.25 million compared to 2017, and the global shipment of lithium batteries has also increased more than fivefold between 2017 and 2021. The increase in these electric vehicle devices means that the global demand for new energy vehicles continues to rise. In addition, a survey report on new energy vehicles shows that the daily failure rate of new energy vehicles has been gradually decreasing, from 13.5% in January 2019 to 6.7% in December 2020, which has more than doubled in two years. This shows the help of rapid technological progress to new energy vehicles, making consumers more confident in using them and promoting the development of green travel.

Electric vehicles have become the focus of current development

Among various types of new energy vehicles, electric vehicles (EVs) are the fastest-growing in the industry. The emergence of new technologies such as new semiconductor materials has met the precise requirements of electric vehicles in complex electronic architectures, thereby accelerating the development of electric vehicles. Due to the fact that batteries are an important core of electric vehicles, manufacturers are currently continuously optimizing and improving battery technology to enhance their efficiency and extend their lifespan. At the same time, battery upgrades can also help reduce costs and narrow the price gap between electric and gasoline vehicles. Another key factor supporting the development of electric vehicles is the electric vehicle power supply equipment (EVSE), also known as charging stations. Providing sufficient and comprehensive charging equipment is also a current industry concern, with the aim of gradually eliminating factors that deter consumers from designing, manufacturing, using, and maintaining electric vehicles, ultimately achieving a new standard for green travel for all.

The birth of the concept of green travel originated from the environmental damage and hidden concerns about human health caused by excessive carbon emissions. In the 21st century, with the help of technology, new energy vehicles are accelerating their development and becoming an important force in promoting green travel comprehensively. In addition to energy conservation and emission reduction, new energy vehicles are also moving towards intelligence to achieve the establishment of smart cities and create a healthy, comfortable, and efficient living environment.

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