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China Accounted For 80% Of Global EV Sales Growth In 2024
EVs Set To Outsell Gas Cars In China In 2025, 10 Years Ahead Of Schedule
Up to 12 million EVs are expected to be sold in China by next year. Sales of ICE-powered vehicles may drop by as much as 10% in 2025. Demand for PHEVs is expected to jump, but won’t keep pace with EVs.
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 2020, according to data from Automobility, a Shanghai-based consultancy.
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).
9h
on MSN
China's EV Takeover: Why They're Winning The Electric Race
In this episode of the Plugged-In Podcast from InsideEVs, Kevin Williams joins us to talk about the rise of China's electric ...
Marketplace
13h
How China’s EV market could endure higher tariffs
Marketplace's China correspondent Jennifer Pak explains the factors that have made Chinese EV makers competitive and could ...
Finance & Commerce
10m
Electric vehicle sales have whirlwind year
Electric vehicles had another whirlwind year around the globe, driven by buyers in China, and growth in parts of Europe and ...
1d
on MSN
Five facts about electric vehicles in 2024
Electric vehicles had another whirlwind year around the globe, driven by buyers in China, and growth in parts of Europe and ...
12h
China's EV Price Wars Hit Auto Profits, Smaller Players Struggle as Margins Shrink
Intense competition in China's auto industry caused profit margins to drop for weaker EV makers like Baidu, Geely-backed ...
1d
on MSN
'Hybrids Are A Road To Hell' In EV Race Against China: Former Nissan Exec
While Andy Palmer is most well-known for his stint as CEO of Aston Martin, some affectionately call him the "godfather of EVs ...
14h
on MSN
China is winning the race for 5-minute EV charging
Charging is often cited as one of the main reasons drivers aren't embracing EVs, with charging times in the US ranging from ...
Crude Oil Prices
1d
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 ...
Daily Sabah
12h
Electric vehicles had another whirlwind year in 2024 around world
Electric vehicles leave behind another huge year around the globe, fueled by strong demand in China and continued growth in ...
1d
on MSN
The cars, trucks and SUVs I can’t wait to drive in 2025
From reborn ‘90s performance legends and electric muscle cars to luxurious SUVs, gasoline power, hybrids and EVs, a bumper ...
4d
on MSN
China to remain top car exporter in 2025 despite slower growth on EU’s EV tariffs
China's top auto firms are likely to diversify by introducing petrol cars and hybrid models to blunt the impact of trade ...
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