Remove Cash For Clunkers Remove Chinese Remove Financing Remove Stimulus
article thumbnail

Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

Chinese car producer BYD even recorded a 337.25% increase in March sales amongst its fully electric and hybrid car models. Additionally, the European Investment Bank has doubled down on its commitment to the European EV battery industry to boost green recovery, committing more than €1B to financings in 2020.

Economy 52