Wednesday 23 January 2019

China EV market 3x bigger than US EV market

China’s Association of Automobile Manufacturers (CAAM) reports thst China sales of EVs grew  60% last year, reaching 1.26 million units. Tesla CEO Elon Musk reckons: “Affordable cars must be made on same continent as customers.” The market figures, his remark and the tariffs and duties of trade war show why he’s building a huge Tesla factory ...

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from Electronics Weekly https://www.electronicsweekly.com/blogs/mannerisms/markets/china-ev-market-3x-bigger-us-ev-market-2019-01/

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