China’s NEV output surges in Q1 vs last year

By Carrie Shi
Published: Friday, 13 April 2018

China’s output of NEVs rose in the first quarter of 2018 from a year earlier, underpinned by the state's continued push towards electrification - a stance that many believe will support lithium, graphite and cobalt prices.

Chinese production of 149,998 new energy vehicles (NEVs) units, including pure electric vehicles (PEVs) and plug-in hybrids, in the first quarter of this year was up by 156.9% from a year earlier, according to data released by the China Association of Automobile Manufacturers (CAAM).

Sales of NEVs rose...