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Are global EV sales forecast to improve by the end of 2024?

Baua Electric

PHEVs popular in China China’s EV boom continued in 2022 with the powertrain’s share hitting 26.7% The government set a target for new energy vehicles (NEVs) sales, including battery-electric vehicles (BEVs), plug-in hybrids (PHEVs) and fuel-cell electric vehicles. The market’s swing towards PHEVs, from 18.3% up from 13.9%

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