New energy car sales rev up
By Li Fusheng | China Daily | Updated: 2017-12-20 08:20
Buyers eager to snap up vehicles ahead of possible subsidy cuts
Sales of new energy cars, especially those with a short range, are hitting record highs in China at the end of the year, with industry insiders saying a major driving force is the concern that the government may slash subsidies for the vehicles in 2018.
A total of 81,000 electric and plug-in hybrid passenger cars were sold in China in November, an 87 percent increase year-on-year, according to statistics from the China Passenger Car Association.
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