The new energy vehicle (NEV) market in China has been one of the country’s fastest growing vehicle segments, attracting investment from OEMs and suppliers alike. Incentives and government support for electric vehicle (EV) manufacturing in the country, boosted by the 13th Five-Year Plan, helped NEV sales rise 53% year-on-year in 2016, whilst production rose 51%.
Subscribe to Automotive World to continue reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Already a member?