How will a Trump presidency impact the global EV market in 2025?
Baua Electric
JANUARY 6, 2025
Assuming normal scrappage rates, EV Volumes forecasts it will take until 2042 for half the global fleet to be electric. Countries such as Spain and Poland are considering the revision of EV purchase subsidies. This was largely caused by high sales growth of BYD PHEVs and Li Auto extended-range electric vehicle (EREV) SUVs.
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