SAIC: plans to achieve annual sales of 3.5 million new energy vehicles by 2025 with a compound annual growth rate of 50%

[SAIC: plans to achieve an annual compound growth rate of 3.5 million new energy vehicles by 2025] according to SAIC, at the 20th Shanghai International Automotive Industry Exhibition, SAIC issued a "three-year Action Plan for the Development of New Energy vehicles": by 2025, SAIC's annual sales of new energy vehicles will reach 3.5 million, an increase of 2.5 times over 2022, and an annual compound growth rate of 50 percent. Among them, independent brands will account for 70% of the total sales of new energy vehicles. Basically complete the development power switch between the new and old tracks.