GXED(SH:600617) Zhong Guo Qing Nian Bao·2026-01-14 05:37Core Insights - The Chinese new energy vehicle (NEV) market has expanded 3.6 times during the 14th Five-Year Plan period, with the country becoming the world's largest automobile exporter and achieving a 30% reduction in the cost of power batteries, a 40% increase in battery lifespan, and over a threefold improvement in charging speed [1] Group 1: Industry Development - The 2026 work meeting emphasized that 2026 marks the beginning of the 15th Five-Year Plan, presenting significant opportunities for the development of the intelligent connected NEV industry [1] - Key initiatives for 2026 include enhancing collaboration across various sectors, improving planning for energy and infrastructure, and boosting the self-sufficiency of the supply chain [1] - The meeting highlighted the need to expand automobile consumption, promote vehicle trade-in programs, and deepen reforms in NEV insurance [1] Group 2: Market Performance - According to the China Association of Automobile Manufacturers, in the first eleven months of 2025, China's automobile production and sales both exceeded 31 million units, with NEV production and sales reaching 14.9 million and 14.78 million units respectively, surpassing the total NEV production and sales for the entire year of 2024 [2] - NEV new car sales accounted for 47.5% of total new car sales in the country [2]