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| Miao Wei, former minister of industry and information technology, said "China's new energy vehicle development has entered a brand-new stage of comprehensive market expansion, which will drive the NEV penetration rate to reach 50 percent as early as 2025." |
| China set its goal, in 2020 that NEVs will become mainstream and account for more than 50 percent of the total auto sales by 2035. |
| Miao added that the battery, which is at the heart of NEV, has also gained momentum and gained a lead globally, and highlighted the necessity of commercializing all-solid-state batteries for China. |
| The all-solid-state battery is widely recognized as a promising solution to address the limitations of traditional lithium-ion batteries of NEVs. |
| Miao made the comments on Monday during the founding conference of China All-Solid-State Battery Collaborative Innovation Platform, an industry platform to drive the development of all-solid-state batteries. |
| At the conference, Ouyang Minggao, an initiator of the platform and an academician of the Chinese Academy of Sciences, anticipated that all-solid-state batteries are a key battleground for next-generation battery technology, and are expected to be industrialized by 2030. |
| "Though China has gained a global lead in lithium-ion battery, the country still has a long way to go in the commercialization of all-solid-state batteries," Ouyang said. |
| He called for more joint efforts to develop such batteries to maintain China's advantage in batteries on the global stage. |
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