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New Energy Vehicle Industry Analysis published by QY Research was cited by Esti Industrial Technologies on March 29th

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China surpassed the U.S. in 2009 to become the world's largest automobile producer and seller and has been the first for many years. In 2023, China's automobile sales will be about 30.094 million units, accounting for nearly 34% of the global automobile sales; of which, the new energy automobile sales will reach 9.495 million units, accounting for 64.8% of the global sales of new energy automobiles (Data source: QY Research).

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