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
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
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