ECONOMY
Clean Energy
As China, the world’s largest market for new energy vehicles (NEVs), maintains sound growth momentum, 60 percent of public buses have been replaced with electric vehicles in the drive for clean energy, up from 20 percent in 2015, Ministry of Ecology and Environment data showed.
In September, overall sales of passenger vehicles gained 8 percent year on year to hit 2.09 million units, while NEV sales surged 67.7 percent to 138,000 units.
The efforts were highlighted as part of a green transport system overhaul during the 13th Five-Year Plan (2016-20) period, which boosted the adoption of more clean energy-powered vehicles and the phasing out of gas-guzzling transport.
China has the world’s largest NEV inventory and accounts for 55 percent of global NEV sales.
To meet the
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