The China Association of Automobile Manufacturers projected on December 11, that sales of new-energy vehicles in China, which include electric, plug-in hybrid and fuel-cell vehicles, will jump 40% in 2021 to 1.8 million units as Tesla’s expansion of local production and price cuts help to lift that market. It said new vehicle sales of all types will increase 4% next year to 26.3 million, marking the first growth in four years, thanks to efforts to bolster the domestic economy, the trade group said. Demand for commercial vehicles is rising as the Chinese government ramps up investments in infrastructure to re-energize the coronavirus-hit economy. Demand for luxury passenger vehicles has jumped as well.