The sun is rising on China's electric vehicle industry.
Supportive government policy and strong investor appetite are driving growing production of battery-powered vehicles.
In the first quarter of 2018, China produced some 108,000 battery-powered vehicles and some 102,000 were sold increases of 124.7% and 131% on the same period a year earlier, Ministry of Industry and Information Technology data shows.
The world's second largest economy is now its biggest electric car market, accounting for 40% of the global electric vehicle fleet and half of global sales in 2017, according to the International Energy Agency’s Global EV Outlook 2018’.
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