Economic Watch: Milestones and momentum: China's NEV sector surges ahead

SHENZHEN, Aug. 11 (Xinhua) -- In a testament to China's rapidly evolving automotive landscape, the country's new energy vehicle (NEV) industry has surged forward, reaching significant milestones and showcasing huge potential.

China's leading NEV manufacturer BYD recently produced its five millionth NEV, marking another development milestone in China's automobile industry. Wang Chuanfu, chairman of the company, s