Sales drop by 34%for new energy vehicle launched by china

New energy vehicle sales in China, the world’s largest automobile market, fell for the third month during a row as retardation within the overall market expands to electrical vehicles following cuts in government subsidies.

Sales of NEVs — that embrace hybrids and totally electric cars — sank 34.2 percent in September from a year earlier, the China Association of Automobile manufacturers.

Beijing has creat....