Gas-Powered Car Sales In China Down Around 4% While EV Sales Up ~145% In 2021
I saw an interesting tweet by Sam Korus from ARK Invest yesterday. He shared that gas-powered car sales in China were down around 4% in 2021, while battery electric vehicle sales were up ~145%. He pointed out that China’s passenger auto sales were up 4.4% to a total of 20.1 million units last year and EVs were basically responsible for that growth. He pointed to an article by the Wall Street Journal and also data from EV-Volumes.com […]
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