[ferro-alloys.com]China's output of new energy vehicles rose to 173,000 units in November, up 18.5% year on year, according to the latest monthly report from the China Association of Automobile Manufacturers released on Wednesday.

Production of NEVs, which are pure electric and plug-in hybrid vehicles and use lithium-ion batteries, in November was up 36.9% month on month.

Over January-November, NEV output totaled 1.05 million units, up 63.6% year on year.

NEV sales rose to 169,000 units in November, up 22.5% year on year and 37.6% month on month.

During the first 11 months, NEV sales totaled 1.03 million units, up 68% year on year.

Meanwhile, China's EV sales growth rate is expected to stay within 40-50% in 2018, an analyst from state-owned metals consultancy Beijing Antaike said in a recent report.

China's 2017 EV sales totaled 770,000 units and 2018 sales are expected to exceed 1 million units.

(S&P Global Platts)

• [Editor:王可]