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China NEV Sales Hit New Record in November – CnEVPost

Sales of NEVs, which include battery electric vehicles, plug-in hybrid vehicles, and fuel cell vehicles, hit 786,000 units


People look at the Chrysler Airflow Concept EV (Rs)
Sales of NEVs rose 72.3% year-on-year in China, the world's biggest car market. Photo: Reuters

 

Sales of new energy vehicles (NEV) in China hit a new record in November, rising 72.3% year-on-year, CnEVPost reported, citing data from China Association of Automobile Manufacturers (CAAM).

Automakers sold 786,000 units of NEVs, which include battery electric vehicles, plug-in hybrid vehicles, and fuel cell vehicles, in the world’s biggest car market, up from 714,000 units in October.

Read the full report: CnEVPost

 

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US, Europe Chase Cheaper EV Battery to Curb China Dominance

 

Vishakha Saxena

Vishakha Saxena is the Multimedia and Social Media Editor at Asia Financial. She has worked as a digital journalist since 2013, and is an experienced writer and multimedia producer. As a trader and investor, she is keenly interested in new economy, emerging markets and the intersections of finance and society. You can write to her at [email protected]