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World Bank/PRTM study finds global value chain shift resulting from vehicle electrification could favor China from technology and supply chain perspectives

Green Car Congress

A newly released report financed by the World Bank and prepared by consultancy PRTM analyzes China’s New Energy Vehicles Program, as well as the Ten Cities, Thousand Vehicles Program, in the context of these megatrends and concludes that the overall value chain shift could favor China from both a technological and supply chain perspective.

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