CHINA’S exports of new energy vehicles (NEVs) soared 110% year on year in the first eight months of 2023 amid the rapid expansion of the sector, industry data show. A total of 727,000 NEVs were exported during the period, said the China Association of Automobile Manufacturers. China’s NEVs include pure electric, plug-in hybrid and hydrogen fuel-cell vehicles. Exports of pure electric vehicles surged 120% from the same period last year to 665,000 units, and exports of plug-in hybrid electric vehicles climbed 73.5% to 62,000 units, the association said. China’s auto exports totaled 2.94 million units in the first eight months, up 61.9% year on year. Exports of passenger vehicles and commercial vehicles respectively climbed 69.8% and 31.1% from last year. China sold 6.89 million NEVs in 2022, up 93.4% year on year. The market share of NEVs in China’s auto market hit 25.6% in 2022, up 12.1 percentage points from 2021. (SD-Xinhua) | 