China’s output of new energy vehicles rose to 173,000 units in November, up 18.5% year on year, according to the latest monthly report from the China Association of Automobile Manufacturers released on Wednesday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Production of NEVs, which are pure electric and plug-in hybrid vehicles and use lithium-ion batteries, in November was up 36.9% month on month. Over January-November, NEV output totaled 1.05 million units, up 63.6% year on year. NEV sales rose to 169,000 units in November, up 22.5% year on year and 37.6% month on month. During the first 11 months, NEV sales totaled 1.03 million units, up 68% year on year. Meanwhile, China’s EV sales growth rate is expected to stay within 40-50% in 2018, an analyst from state-owned metals consultancy Beijing Antaike said in a recent report. China’s 2017 EV sales totaled […]