China's NEVs to account for 20% of new-car sales by 2025, 50% by 2035

SHANGHAI -- Sales of new energy vehicles (NEV) in China, the world's biggest auto market, will jump to 20 percent of overall new car sales by 2025 from just 5 percent now, and to 50 percent by 2035, the China Society of Automotive Engineers (China-SAE) said.