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Indonesia Inflation Rate YoY (Dec)

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FOMC Member Barkin Speaks
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【The Annual Production And Sales Of New Energy Vehicles Have All Broken Through The 10 Million Mark And There Is Still Plenty Of Momentum For Growth】The Nev Market Continued To Advance Rapidly In 2024. Annual Production And Sales Both Broke Through The 10 Million Vehicle Mark For The First Time. Among Them, The Nev Passenger Vehicle Penetration Rate Exceeded 50% For Many Months. A Number Of Experts Interviewed Said That China'S Nev Market Is Expected To Continue To Maintain Its Rapid Growth Momentum, And That Policy Support, Technology Promotion, And Structural Adjustment Will Be A Strong Driving Force For The Development Of The Nev Industry; Relevant Departments Should Strengthen Guidance In Response To Industry Competition To Promote The High-Quality Development Of The Nev Industry. Zhang Yongwei, Vice Chairman And Secretary General Of The China Electric Vehicle 100 People'S Association, Said That In 2025, The Overall Automobile Market In China Will Advance Steadily, With An Overall Sales Volume Of Around 32 Million Vehicles; Of These, Sales Of Nevs Are About 16.5 Million Units (Including Exports), With A Year-On-Year Growth Rate Of Nearly 30%, With A Penetration Rate Of More Than 50%; Domestic Nev Sales Are Expected To Reach 15 Million Vehicles, With A Penetration Rate Of More Than 55%

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