• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

China set to sell 1.7 million NEVs between Jan-Aug, nearly tripling on-year

September 4, 2021 by David Barret Leave a Comment

September 4, 2021

BEIJING (Reuters) – China, the world’s biggest vehicle market, is expected to sell 1.7 million new energy vehicles (NEV) in the first eight months of this year, up from 600,000 units in the same period last year, vice industry minister said on Saturday.

The comments were made by Xin Guobin, vice minister at China’s Ministry of Industry and Information Technology, at an industry conference in Tianjin hosted by China Automotive Technology and Research Center (CATARC). NEV include battery electric, plug-in hybrid and hydrogen fuel-cell vehicles.

NEV makers such as Nio Inc, BYD and Tesla Inc are expanding manufacturing capacity in China, encouraged by the government’s promotion of greener vehicles to cut pollution.

Xin said overall auto sales are expected to hit over 16 million vehicles between January and August, up around 10% from 2020. But he warned that the coronavirus-induced global auto chip supply shortage still remains a pressure point on China’s auto production.

He said authorities will continue to curb blind construction of NEV projects and will improve supply of key metals including cobalt, lithium and nickel. Automakers should protect vehicle data security and customer privacy, Xin added.

(Reporting by Yilei Sun and Brenda Goh; Editing by Shri Navaratnam)

Source Link China set to sell 1.7 million NEVs between Jan-Aug, nearly tripling on-year

David Barret
David Barret

Related posts:

  1. Exclusive-Apple hit with antitrust case in India over in-app payments issues
  2. Labor Day furniture sales: where to find the best early deals
  3. Thousands join protest in Bangkok demanding prime minister’s resignation
  4. The best cheap PS4 bundles, deals and prices in September 2021

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  • Solar Systems 100 Times Smaller Than Ours Are Possible – Thanks To Rogue Planets
  • North Sea “Sinkites” Appear To Defy Rules Of Geology On Never-Before-Seen Scale
  • The Iberian Ribbed Newt Might Just Have The World’s Most Metal Defense Mechanism
  • There’s Only One Black Moon In 2025 And It’s Happening This Month
  • For First Time In Decades, Winter-Run Chinook Salmon Spotted In Upstream Californian River
  • JWST Shines New Light On 2500 Sources In Iconic Hubble Ultra Deep Field Image
  • Humans And Neanderthals Hooked Up Three Times. Here’s Where It Happened
  • What Happened To Percy Fawcett? The Explorer Who Went In Search “The Lost City Of Z”
  • COVID-19 And Flu Could “Reignite” Dormant Cancer Cells And Bring On New Tumors
  • Do Hair And Nails Really Grow Faster In Summer?
  • Wondrous And Worrying Sights: What Explorers Discovered At The Bottom Of The Great Blue Hole
  • What’s The Biggest Volcano In The World? It Depends How You’re Measuring
  • “Every Species On The Planet Self-Medicates In Some Way”: How Wild Animals Use Medicine
  • Deepest Complex Ecosystem Ever Discovered 10 Kilometers Below The Sea, 892-Kilometer “Megaflash” Lightning Sets New World Record, And Much More This Week
  • The Life And Death Of David Vetter, The Boy Who Lived His Whole Life In A Bubble
  • Time’s Arrow Within Glass Appears To Go Both Ways, Raising Huge Questions
  • World’s “Oldest Baby” Born From Embryo Frozen In 1994 In New World Record
  • What Can Spain’s “Tunnel Of Bones” Tell Us About The Fate Of Human Species On The Brink Of Extinction?
  • Rhino Horns Go Radioactive As Anti-Poaching Project Gets Off The Ground
  • Manta Rays Officially Get Third New Species – 15 Years After First Suspected
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2025 · Medical Market Report. All Rights Reserved.

Go to mobile version