Technical FAQs 4

Can new energy vehicles be used as mobile energy storage units?

New energy vehicles can also serve as mobile energy storage units, by interacting with the power grid through charging and discharging, a model known as V2G (Vehicle-to-Grid). V2G can improve the overall efficiency and stability of the power grid through peak-shaving and valley filling and its emergency response capability.

How many new energy vehicles were sold in China in 2023?

In 2023, the sales volume of new energy vehicles (NEVs) in China reached 9.495 million units, a y-o-y increase of 37.9%.

What is a new energy vehicle (NEV)?

New energy vehicles (NEVs) refer to vehicles that are powered entirely or mainly by new energy sources.

What is the scientific construction of NEV sales in China?

The scientific construction of NEV sales in China is realized by TDGM (1,1,r,ξ). The NEV sales in China in the next 10 years are predicted effectively. Substantial measures are provided for the development of China's NEV industry. At present, the new energy vehicle (NEV) industry in China is at a huge risk of overheated investment and overcapacity.

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