At the World Economic Forum in Davos, CATL co-chairman Pan Jian introduced the term 'Electric Intelligent Vehicles' (EIV) to describe the new wave of EVs in China, indicating a shift towards vehicles that prioritize intelligence and advanced technology. This new classification stems from the synergy between electric capabilities and intelligent features, enabling functions not possible with traditional combustion engines. The growth of China's EV market is evident as brands like Xiaomi and Xpeng unveil tech-rich, affordable models, reflecting the industry's investment in AI and intelligent driving technologies.
E enables I, so that offers a whole suite of new features to consumers, which cannot be offered with traditional combustion engine cars.
We actually no longer call it EV. We call it EIV. 'I' stands for intelligent.
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