GlobalData blog: NEV development in China, a review of 2024 and expectations for 2025

Sales of NEVs in China reached historic highs in 2024. What can we expect in 2025?
By the end of November 2024, the total volume of New Energy Vehicles (NEVs) in the Chinese market reached a historic high of 9.7 mn units (excluding exports), representing a substantial 39% increase compared to the same period in 2023.....

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