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China is exporting so many EVs that it needs more ships – a lot more

Baua Electric

Customers buying the ships include SAIC Motor, Chery, BYD, as well as shipping companies COSCO and China Merchants “on behalf of Chinese automakers,” reports Reuters. “After this armada has been delivered to China, the Chinese controlled car carrier fleet will jump from current 2.4% FTC: We use income earning auto affiliate links.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

In addition, China exported over 4 million cars in 2023, making it the largest auto exporter in the world, among which 1.2 At the start of 2023, PHEV subsidies were phased out, resulting in lower PHEV sales compared to 2022, and in December 2023, all EV subsidies ended after a ruling on the Climate and Transformation Fund.

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Electric Car Watch #4: Toyota is the new Kodak

Plug In India

The entire auto industry has given up on investing in Hydrogen cars. The climate clock is ticking and we have to start hitting polluters where it counts–in the money. The first car on the eTNGA platform was shown in this year’s Auto Shanghai motor show. Maybe H2 will be okay in large vehicles like trucks.

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