Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional
Baua Electric
MAY 7, 2024
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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