AutomobilesChina 2021 EV sales to surge 40% as Tesla ramps up local output
Overall auto sales seen rising for first time in four years
A worker sanitizes a Tesla showroom in Shanghai. Tesla has been driving the overall electric vehicle market in China higher as it cuts prices and expands local production. © Reuters
SHUNSUKE TABETA, Nikkei staff writer
December 12, 2020 02:00 JST
BEIJING -- Sales of so-called new-energy vehicles in China, which include electric, plug-in hybrid and fuel-cell vehicles, will jump 40% in 2021 to 1.8 million units, the China Association of Automobile Manufacturers said Friday, as Tesla's expansion of local production and price cuts help to lift that market.