Hundreds of BYD electric vehicles lined up for export in Yantai, eastern China.
Photo: – / AFP/File
Source: AFP
Sales of electric and hybrid vehicles jumped more than 40 percent in China last year, as demand for new energy models continues to surge and the sector remains entrenched in a gruelling price war.
The Chinese electric vehicle market has witnessed explosive growth in recent years, driven in part by generous subsidies from Beijing.
But the world’s largest automotive market has…
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