2.2 The global new energy industry develops rapidly

According to the latest statistics released by the International New Energy Agency, in 2020, the number of jobs in the global new energy sector exceeded the 10 million mark for the first time, reaching 10.34 million, an increase of 500,000 over 2016. Employment in the industry has grown by 45% since 2018.
New energy has become the pillar of global low-carbon economic growth, but the development is very unbalanced. Asia accounts for 60 per cent of the global market share, of which 40 per cent is accounted for by China. India's share is only 4%. Asia's rapid growth depends on the size of its markets.
In addition, to achieve carbon neutrality, the European Union and member states have proposed to ban the sale of fuel vehicles. The European Commission says it will achieve net zero emissions, including from the transport sector, by 2050. Of the 27 EU member states, only four -- Ireland, Sweden, Denmark and the Netherlands -- have made it clear that they will ban fuel cars earlier than 2035. The European Commission said that to achieve the goal of banning fuel vehicles, member states need to introduce new energy vehicles on a large scale and strengthen related infrastructure.