In three months half of all new cars sold in China will be New Energy Vehicles.
As you let that sink in, consider how much ground the US has got to make up.
“The CEO of BYD, the Chinese giant challenging Tesla as the world’s biggest electric vehicle maker, says sales of New Energy Vehicles (NEVs), including battery electric vehicles (BEVs) and plug-in hybrids (PHEVs), will make up more than half of all new cars sold in China within the next three months.”
https://thedriven.io/2024/03/19/byd-says-plug-in-electrics-will-exceed-50-pct-of-new-car-sales-in-china-in-next-3-months/
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