Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional
Baua Electric
MAY 7, 2024
Chinese car makers can undercut rivals in Europe because their production costs are heavily subsidised. In addition, China exported over 4 million cars in 2023, making it the largest auto exporter in the world, among which 1.2 Chinese companies accounted for 75% of electric car sales in 2022, and 45% in 2023. million were EVs.
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