China’s new energy vehicle (NEV) market is likely to see a sales rebound next year as automakers roll out more new products to lure buyers, but more supportive government policies are needed, auto executives said.  China has been a keen supporter of NEVs and has implemented production quota requirements for automakers. However, it cut subsidies for NEVs substantially this year as part of an overall plan to reduce subsidies, making the vehicles costlier. In October, NEV sales fell 45.6% from year-ago levels. Prior to the subsidy cut, China’s market for NEVs – which include plug-in hybrids, battery-only electric vehicles and those powered by hydrogen fuel cells – had been a […]