Automaker sees production, sales surge for NEVs

Beijing Electric Vehicle Co says that it expects to see a fourfold rise in new energy vehicle sales in the next three years, thanks to government support for the sector.

Zheng Gang, general manager of the company - the new-energy vehicle arm of State-owned automaker Beijing Automotive Industry Corp (BAIC), said its sales of NEVs would reach 500,000 by 2020.

"We have topped the domestic NEV market in terms of sales volume for four consecutive years," Zheng said at a Monday news conference in Beijing.