New energy vehicles in China

5.New energy vehicles in China

The stock of new energy vehicles in China is the world's largest,with cumulative sales of more than 1.7 million units through December 2017.These figures include passenger cars and heavy⁃duty commercial vehicles such buses and sanitation trucks,and only accounts for vehicles manufactured in the country.The Chinese government uses the term new energy vehicles(NEVs)to designate plug⁃in electric vehicles eligible for public subsidies,and includes only battery electric vehicles(BEVs)and plug⁃in hybrid electric vehicles(PHEVs).