BEIJING (Reuters): Sales of new energy vehicles (NEV) in China went up 10.9 per cent year on year in 2020 amid government efforts to encourage their use and ease pressure on the environment, data from the China Association of Automobile Manufacturers (CAAM) showed Wednesday (Jan 13).
NEV sales amounted to 1.37 million units last year. In December alone, NEV sales surged 49.5 percent year on year to 248,000 units.
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