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

Baua Electric

Chinese car makers can undercut rivals in Europe because their production costs are heavily subsidised. Electric car sales in 2023 were 3.5 million higher than in 2022, a 35% year-on-year increase. Electric car sales in 2023 were 3.5 million higher than in 2022, a 35% year-on-year increase. China exported over 1.2