NEV production grew 34.4 percent to 12.89 million units and NEV sales rose 35.5 percent to 12.87 million units, according to the data. NEV sales accounted for 40.9 percent of all new car sales in 2024 ...

Looking ahead, China's NEV sector is projected to maintain its growth momentum in 2025, supported by the continuation of large-scale trade-in policies. The country on Wednesday announced a series of ...