New-energy vehicle sales surge — Global X China Electric Vehicle Etf (02845.HK) jumps more than 1.6%, offering one-click access to China’s full NEV supply chain.

NewTimeSpace News — New-energy and lithium-battery sectors blazed higher on 23 January. By 14:15, Global X China Electric Vehicle Etf (02845.HK) had leapt 1.69%; the fund has now climbed more than 36% over the past year.

Exchange data show the ETF tracks the Solactive China Electric Vehicle & Battery Index, compiled by German provider Solactive. The benchmark captures the full China-domiciled (incl. HK and U.S. ADR) new-energy-vehicle and power-battery supply chain, offering one-ticket access to Chinese NEV names spanning vehicles, batteries, materials and components.

NSTS Research calculates the index posted a 2021-24 earnings CAGR of roughly 35%; policy tapering, raw-material prices and inventory cycles drive volatility near 45%, suiting growth/thematic investors with higher risk tolerance. From lithium mines to cathodes, anodes, electrolytes and finished cars, a single trade taps both China’s rising NEV penetration (target >45% for 2025) and Chinese battery makers’ expanding global share (currently >60%).

At Tuesday’s briefing, the Ministry of Commerce said green and smart consumption is booming. Last year, NEV sales rose 17.6%, lifting penetration further; by end-2025, six of every ten passenger cars sold are expected to be new-energy. Overall auto exports exceeded 7 million units, of which 2.615 million were NEVs—up 100% y/y—underscoring fierce international competitiveness.

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.