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.

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