Motoring: China’s EV sales expected to exceed 35% in 2025, Xpeng CEO says – Gulf Digital News

Motoring: China’s EV sales expected to exceed 35% in 2025, Xpeng CEO says – Gulf Digital News

New energy vehicles (NEV) are expected to make up over 35% of new vehicle sales in China in 2025, He Xiaopeng, the chief executive of electric car maker Xpeng Inc said at the Reuters Events Automotive Summit.

China, the world's biggest auto market, is promoting NEVs, which includes battery-electric, plug-in hybrid and hydrogen fuel cell vehicles, to combat pollution and support the country's car technologies.

The China Association of Automobile Manufacturers (CAAM) said earlier this month that NEV sales in China are likely to rise to 3 million units this year, up from 1.4 million last year.