OREANDA-NEWS. February 12, 2018. China's electric passenger vehicle sales increased by 480pc to 32,000 in January from 5,423 vehicles in the same month last year, China's passenger cars association CPCA data show.

Production fell in January last year in response to a reduction in government subsidies. New subsidies will be introduced this month to encourage the adoption of electric vehicles with longer driving ranges.

Chinese car manufacturers Beiqi New Energy and BYD's electric vehicle sales in January reached 7,900 units and 7,200 units, respectively.

Total sales of passenger vehicles in January were up by 7.1pc at 2.27 mn units from 2.12mn in January last year. Total passenger vehicle output increased to 2.33 mn units from 2.06 mn units over the same period.