China the EV King

(edited)

China's preparing for new EV production quotas, to enter into effect next year. The requirements are pretty complex but carmakers are getting ready, too. it seems the foreign players like Ford and VW would have more trouble complying because the locals have been investing more heavily in EVs. Should be interesting to watch although estimates are for a one-two percentage-point increase in EV's portion of total car sales within two years. Which, given the size of China's market, is not a few cars but still sounds modest. Here's more.

Edited by Marina Schwarz

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No one thought EV sales would so rapidly increase in other places, although I admit not much will probably change in 2 years but wait a few more. Also this is ignoring the micro EV's in China.

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