China’s new energy vehicle sales surge in May

June 19, 2017

BEIJING – Both production and sales in new energy vehicles (NEVs) in China soared in May despite a cut in government subsidies, while the growth of the overall auto market remained tepid, industry data showed. A total of 45,000 NEVs were sold in May, up 28.4 percent year on year while 51,000 NEVs were produced, up…

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