Interesting....
The article you posted notes:
According to Platts Analytics, global plug-in light-duty EV sales are expected to rise to 6.5 million units in 2022 and 10.5 million units in 2025, up from an estimated 6 million units in 2021 and 3.1 million units in 2020.
.....
However, I think the reality is more like this:
(btw thanks to @Stephan90 on the AKE thread, who has also posted other sources expecting 10-11M units globally in 2022!)
"China Galaxy Securities expects local NEV sales to exceed 6 million next year"
"A local brokerage firm expects China's new energy vehicle (NEV) sales to exceed 6 million units next year, capturing more than half of the global market share, as the country's NEV penetration rate rises significantly.China's NEV sales are expected to be around 6.11 million units in 2022, with global sales approaching 12 million units, China Galaxy Securities said in a research note released today."
China Galaxy Securities expects local NEV sales to exceed 6 million next year - CnEVPost
Time will tell, as usual!
Cheers
Li-related News/Articles/Reports, page-887
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