Chinese new energy vehicle sales are projected to reach 16.5 million in 2025, Yicai Global reported Tuesday, citing Zhang Yongwei, vice chairman of third-party think tank China EV100.
China will sell about 15 million NEVs domestically during the year and will export 1.5 million NEVs, the report said.
January-November 2024 NEV sales rose 38% year over year to over 10.7 million units, Yicai reported, citing the China Passenger Car Association.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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