China’s NEV Sector Poised to Enter Fast Lane – Xinhua

Growing demand, more investments, better supportive facilities and policies, as well as technological breakthroughs, have put China’s new-energy vehicle (NEV) sales in the fast lane, Xinhua reported.

The size of China’s NEV market is expected to top 5.22 million units this year, a surge of 47.2 percent over the previous year, according to a report released by global market research firm International Data Corporation (IDC).

• Read the full report: Xinhua

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Sean O'Meara

Sean O'Meara is an Editor at Asia Financial. He has been a newspaper man for more than 30 years, working at local, regional and national titles in the UK as a writer, sub-editor, page designer and print editor. A football, cricket and rugby fan, he has a particular interest in sports finance.

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