China plans to raise new NEV sales to about 25% of total vehicle sales in 2025

On December 3, the Ministry of Industry and Information Technology (MIIT) of China published a draft plan for development of the NEV (new energy vehicle) industry from 2021 to 2035. The plan includes the targets of future development, including three that are expected to be realized in 2025. Firstly, China aims to re....

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