While China's major new energy vehicle (NEV) manufacturers, including the world's top seller BYD, saw strong sales growth in 2022, tough COVID curbs that disrupted supply chains and dented consumer confidence meant that others like XPeng missed their annual targets.
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China NEV sales jump in 2022, with some makers far out in front
Sector already tops official 2025 target for delivery of new energy vehicles
BYD, the world’s top seller of new energy vehicles, saw strong sales growth in 2022. © Reuters
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