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China raised new-energy vehicle sales target to 25% of all car sales by 2025

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China raised its 2025 sales target for new-energy vehicles (NEVs) in its latest plan for the sector development, indicating that NEVs remain a priority for the government as it wants to combat pollution and reduce reliance on imported oil.

The country hopes about 25 per cent of new cars sold by 2025 to be new-energy vehicles, according to a draft guideline for developing its NEV sector published by the Ministry of Industry and Information Technology . . .

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