China has set out a new plan to boost car sales – particularly n ew energy vehicles – as it looks for ways to shore up its struggling post-Covid economy.
The guidelines published on Friday by seven government departments, led by the industry ministry, set a target of selling around 27 million new vehicles this year, a 3 per cent increase on the 2022 figure.
In particular, it set a goal of increasing sales of electric cars to approximately 9 million units this year, a 30 per…
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