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For years, NEV owners have struggled with high premiums and the risk of being denied coverage, while insurers have been burdened by mounting financial losses due to the high repair costs of NEVs.

NEV sales grew rapidly by 29.4 percent year on year to 944,000 units in January -- accounting for 38.9 percent of total new vehicle sales last month, according to the China Association of ...

China Daily quoted the China Association of Automobile Manufacturers (CAAM) as saying that NEV sales grew rapidly by 29.4 per cent year-on-year to 944,000 units in January - accounting for 38.9 per ...

The 150,000 exported NEVs (including 100,000 BEVs and 50,000 PHEVs) mark the second consecutive monthly export record. NEV Market Share at 39 Per Cent in January By powertrain, BEV sales totalled ...

The expansion of BYD epitomizes Zhengzhou's rise as a core NEV hub. Official data shows that the city's NEV output grew 98 percent in 2024 -- among the fastest output growth nationwide -- as supply ...