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Ningbo sees robust growth in NEV exports Jan-July

chinadaily.com.cn| Updated: August 11, 2023 L M S

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Cars ready to be loaded onto a ship at a port in Ningbo, East China's Zhejiang province. [Photo/cnnb.com.cn]

The export of new energy vehicles through Ningbo ports has witnessed a remarkable surge in the first seven months of this year, according to the statistics provided by Ningbo Customs.

The number of units exported surpassed 37,000, with a combined value of 5.2 billion yuan ($719.46 million). This represents a substantial year-on-year increase of 87.7 percent and 108.5 percent, respectively.

Of these exports, over 10,000 vehicles were sent to countries participating in the Belt and Road Initiative, with a total value of nearly 1.5 billion yuan. This showcases a year-on-year growth of approximately 82 percent and 110 percent, respectively.

Zhang Peng, general manager of CITIC Gongtong International Logistics Co Ltd, highlighted the positive impact of the "one-stop" supervision model implemented by Ningbo Customs. Previously, the export process for new energy vehicles required them to be moved out of the warehouse for operations, leading to potential damages during handling and transportation. However, with the new supervision model, the safety of vehicles is ensured, damages are minimized, and export costs are greatly reduced.

In addition, the introduction of the "direct loading upon arrival" operation mode has been another noteworthy innovation at Ningbo ports. This mode allows new energy vehicles to be directly shipped upon arrival without the need for waiting in the port area. Consequently, the export efficiency has significantly improved, with the time required from port collection to loading onto the ship being shortened by two to three days.