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Author Topic: China’s share of global electric car market rises to 76%  (Read 31 times)

NadiaWits

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China’s share of global electric car market rises to 76%

Market share increases after strong demand within country offsets risks from western tariffs on Chinese-made EVsBusiness live – latest updatesChina’s share of the global electric vehicle market reached 76% in October, the country’s automotive trade body said, reflecting strong demand for EVs in the country even as western tariffs risk hobbling exports.Between January and October, sales of EVs reached 14.1m units, according to the China Passenger Car Association, with 69% of those sales in China. In October, China’s share surpassed three-quarters. Continue reading...

Source: China’s share of global electric car market rises to 76%



 

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