Despite Lowest Q2 Market Share in Past Three Years, How China is Still Leading the Global EV Race
Despite Lowest Q2 Market Share in Past Three Years, How China is Still Leading the Global EV Race
Nijhum Rudra
Wed, 10/18/2023 - 15:15
In an effort to reduce the greenhouse gas emissions and boost the growth of carbon-neutral vehicles, governments throughout the world are unleashing new initiatives, schemes, and legislation. For instance, USA’s bipartisan infrastructure law is looking for a target of 50 percent of new car sales to be electric by the end of 2030, while the European Climate law is looking for a net-zero carbon emissions by the end of 2030. Asian countries such as India, Indonesia, China, Thailand are also adopting the same measures.
[original story: Circuit Digest]