New Energy Vehicle (NEV) Market: Growing Environmental Pollution from Conventional Vehicles Drives Demand
New energy vehicle (NEV) is term coined in China for electric vehicles, which includes vehicles that are either partially or fully powered by electricity. New energy vehicles are zero or low emission vehicles, which include battery operated electric vehicles, plug-in hybrid vehicles, hybrid vehicles and fuel-cell vehicles. NEVs do not emit exhaust gases, unlike conventional IC engine vehicles that emitted exhaust gases, comprising constitute carbon monoxide, hydrocarbons, particulates matter, and other highly harmful gases, which are hazardous and harmful to...
View full press release