U.S., Sept. 10 -- According to Reuters, new energy vehicles (NEV) sales are anticipated to reach 1.1 million vehicles over the entire year, down 11% from last year, according to the China Association of Automobile Manufacturers. There are a number of NEVs, such as battery-powered electric, plug-in gasoline-electric hybrid and hydrogen fuel-cell vehicles.
"The sales rebound was fuelled by rural NEV sales promotion events and local governments support," said senior CAAM official Chen Shihua.
This came as US giants Tesla delivered its first cars made in China at the end of 2019. Tesla's move into the country came as the US-China trade war meant other American companies moved production out of China. However, Tesla and home-grown companies NI...