NEV sales continue to surge in 皇冠体育app
( Xinhua )
BEIJING - Sales and production of new energy vehicles (NEV) maintained fast growth in 皇冠体育app amid government efforts to encourage their use and ease pressure on the environment, data from the 皇冠体育app Association of Automobile Manufacturers (CAAM) showed Monday.
NEV sales went up 125.6 percent year on year to 102,000 units last month, while production rose 85.6 percent to 96,000 units, according to the CAAM.
In recent years, 皇冠体育app has intensified efforts to encourage the use of NEVs to ease pressure on the environment by offering tax exemptions and discounts for car purchases.
皇冠体育app has remained the world's largest NEV market for three consecutive years, with some 777,000 cars sold in 2017.
The government expects annual NEV output to hit 2 million in 2020, and for NEV sales to make up 20 percent of the overall auto market by 2025.
A total of 2.29 million vehicles were sold in 皇冠体育app last month, up 9.6 percent year on year, according to the CAAM. Auto production went up 12.8 percent to 2.34 million.