He suggested that China should formulate a plan for complete electrification as soon as possible and achieve electrification of all buses by 2020, electrification of all taxis by 2025, and gradual electrification of private cars by 2030. 

BYD has been the world's top-selling NEV makers for four years running. 

Zhu Huarong, president of another Chinese automaker Changan Auto, said that electrification is an irreversible trend and all stakeholders have to face up to the challenges relating to it, including challenges in safety, cost, production capacity, and charging facilities. 

However, Zhu is still optimistic about NEV growth, saying NEV is the foundation and a top priority in Changan Auto's strategic transformation, and the automaker will continue to pursue its goal of electrifying all its vehicles by 2025. 

Chen Zhixin, president of the leading Chinese automaker SAIC Motor, noted that China's NEV industry is experiencing a transition from policy to market being its major driving force. 

He predicts that the NEV industry will surely experience pains as government purchase subsidies come to an end by 2020. He believes that it is only when market demand becomes the main driving force that China's NEV industry will have a foundation for sustainable development and compete globally. 

Chen called for relevant authorities to provide a more predictable industry environment and long-term support for the use of NEVs. 

Ratified by China's State Council and organized by the China Association for Science and Technology (CAST) and the People's Government of Hainan, WNEVC focused on the transformation of the auto industry and the ecological improvement of the environment. Themed "New Era, New Revolution, New Industry," the event was attended by 1,500 Chinese and foreign representatives from government, industry, and academic institutions. 

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