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Market for electric vehicles booms

More than 1.1 million cars with alternative drive systems (new-energy vehicles, or NEVs) were registered in China in the first half of 2021. China’s Ministry of Public Security called it “a record number for the first half of the year“. The number of registrations has increased by more than 200 percent compared to the same period last year and now accounts for almost eight percent of all new passenger car registrations in China.

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