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China’s EV sales expected to exceed 35% in 2025, says Xpeng CEO

BEIJING : 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 (9868.HK) said at the Reuters Events Automotive Summit. China, the world’s biggest auto market, is promoting NEVs, which includes battery electric, plug-in hybrid […]

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