Sales in China’s new energy vehicles (NEVs) market jumped 62 per cent last year, versus a 2.8 per cent drop in all car sales. Photo: AFPSales in China’s new energy vehicles (NEVs) market jumped 62 per cent last year, versus a 2.8 per cent drop in all car sales. Photo: AFP
Sales in China’s new energy vehicles (NEVs) market jumped 62 per cent last year, versus a 2.8 per cent drop in all car sales. Photo: AFP
Economy /  China Economy

China’s new energy vehicle sales hoped to be 25 per cent of all car sales in 2025, draft ministry plan shows

  • China sold 28.1 million cars in 2018, including 1.3 million new energy vehicles (NEVs)
  • Sales of NEVs had been a bright spot in an otherwise lackluster car market, but a steep cut in subsidies this year has dented sales in recent months
Topic |   China economy
Reuters
Reuters

Updated: 12:36pm, 3 Dec, 2019

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Sales in China’s new energy vehicles (NEVs) market jumped 62 per cent last year, versus a 2.8 per cent drop in all car sales. Photo: AFPSales in China’s new energy vehicles (NEVs) market jumped 62 per cent last year, versus a 2.8 per cent drop in all car sales. Photo: AFP
Sales in China’s new energy vehicles (NEVs) market jumped 62 per cent last year, versus a 2.8 per cent drop in all car sales. Photo: AFP
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