In the first 18 days of August about 490,000 electric vehicles were sold in China, up 58 per cent from a year ago. That was up 27 per cent for the same time frame last month, according to data compiled by the China Passenger Car Association.
This is so huge compared to other markets in the world. And this is happening there as well as in other markets with some ‘buying restraint’.
Good News & Bad News, page-45502
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