Lower subsidies, renewed list see new energy car sales slump
By Li Fusheng | China Daily | Updated: 2017-02-20 07:21
Industry group expects purchases to hit at least 700,000 units this year
China's new energy car sales plummeted in January following a December surge, but the country's automakers association remains optimistic about the sector's performance this year.
A total of 5,682 electric cars, plug-in hybrids and fuel cell cars were sold in the first month of 2017, in stark contrast to the monthly sales record of 104,000 units in December, according to statistics the China Association of Automobile Manufacturers released last week.
Photo
