BUSINESS China's NEV sales surge in first two months

BUSINESS

China's NEV sales surge in first two months

Xinhua

16:17, March 11, 2021

BEIJING, March 11 (Xinhua) -- Sales of new energy vehicles (NEV) in China increased by 3.2 times year on year in the first two months amid the steady recovery of market demand, data from the China Association of Automobile Manufacturers showed Wednesday.

Photo taken on July 6, 2019 shows a production line at a subsidiary of Beijing Electric Vehicle Co., Ltd. (BJEV), a new energy vehicle producer, in Huanghua City, north China's Hebei Province. (Xinhua/Yang Shiyao)

In January and February, NEV sales amounted to 289,000 units. In February alone, NEV sales surged 5.8 times year on year to reach 110,000 units, the data showed.

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