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China sold 1.7 million NEVs between January and August, which is expected to nearly triple year-on-year.

China, the world’s largest car market, is expected to sell 1.7 million new energy vehicles (NEVs) in the first eight months of this year, up from 600,000 during the same period last year. The number is increasing, the Deputy Industry Minister said. Saturday.

The comment was made by the Deputy Minister of Industry and Information Technology, China, at an industry conference in Tianjin hosted by the China Automotive Technology Research Center (CATARC). NEVs include battery-powered electric vehicles, plug-in hybrid vehicles, and hydrogen fuel cell vehicles.

NEV manufacturers such as Nio Inc, BYD, and Tesla Inc are expanding their manufacturing capacity in China, driven by the government’s promotion of more environmentally friendly vehicles to reduce pollution.

Total vehicle sales are expected to increase by about 10% from 2020 to over 16 million units from January to August, Xin said.

He said authorities would continue to curb blind construction of NEV projects and improve the supply of key metals such as cobalt, lithium, and nickel. Xin added that automakers need to protect vehicle data security and customer privacy.

(Report by Yilei Sun and Brenda Goh, edited by Shri Navaratnam)

China sold 1.7 million NEVs between January and August, which is expected to nearly triple year-on-year.