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China Accounted For 80% Of Global EV Sales Growth In 2024
EV sales set to overtake traditional cars in China years ahead of west
Electric vehicles are expected to outsell cars with internal combustion engines in China for the first time next year, in a historic inflection point that puts the world’s biggest car market years ahead of western rivals.
China’s in the driver’s seat as EV sales are set to keep growing into 2025
The EV bust, despite fears, didn’t happen this year. Throughout the year, automakers scaled back their EV plans, blaming lackluster customer demand. Even Tesla, the market leader in battery electric vehicles,
China Accounted For 80% Of Global EV Sales Growth In 2024: IEA Report
China accounted for nearly 80 per cent of Electronic Vehicle growth globally, according to a report by the International Energy Agency (IEA).
FirstFT: China set to hit EV sales target a decade early
What’s the scale? Domestic EV sales in China — including pure battery and plug-in hybrids — are set to grow about 20 per cent year on year to more than 12mn cars in 2025, according to estimates from several banks and research groups. That would be more than double the 5.9mn vehicles sold in 2022.
1h
on MSN
A turning point in EV dominance is coming in 2025, report says
Figures suggest China's EV sales are set to reach a critical turning point next year, putting the country ahead of the West ...
EconoTimes
56m
Xiaomi Expands EV Charging Access Across China With NIO, XPeng, and Li Auto Networks
Xiaomi has joined the EV charging networks of NIO, XPeng, and Li Auto, giving its customers access to over 29,000 stations ...
Crude Oil Prices
1h
China’s EV Uptake Is Years Ahead of Targets and Forecasts
China's electric vehicle sales are projected to surpass traditional car sales for the first time in 2025, exceeding ...
38m
on MSN
BYD makes much more than cars. These 5 side hustles also helped turn the Chinese EV giant into a challenger to Elon Musk's Tesla.
Like its rival Tesla, BYD makes and sells a range of products alongside its electric vehicles, from solar panels to buses.
2d
China's CATL launches EV chassis, flagging safety as top selling point
China's CATL , the world's largest electric vehicle battery maker, on Tuesday launched a new EV chassis that it says can ...
6h
'Godfather Of EVs' Warns Against Hybrid Focus As China Leads EV Race: 'Tariffs Just Make Indigenous Industry Lazy'
He warns against prioritizing hybrid vehicles over fully electric models, a strategy he believes could leave them lagging ...
Interesting Engineering on MSN
23h
China’s powerful submarine-grade steel EV chassis absorbs 85% crash energy
Named Bedrock Chassis, CATL's EV platform withstands 75 mph frontal impact without catching fire or exploding.
Digi Times
1d
China's EV price war: 2 years of financial turmoil and supply chain chaos
China's electric vehicle (EV) industry has endured a two-year price war, leading to significant profit compression across the ...
7h
China’s EV sales set to overtake traditional cars years ahead of west
As China’s EV market tracked towards year-on-year growth of near 40 per cent in 2024, the market share of foreign-branded cars fell to a record low of 37 per cent — a sharp decline from 64 per cent in ...
Paul Tan
8h
Radar King Kong launched in China – EV pick-up truck cheaper than RD6; up to 381 PS, 605 km CLTC range
Geely has launched the new Radar King Kong in China, where it is priced from 99,800 to 159,800 yuan (about RM61k to RM98k) ...
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