China sales last month reveal 51% of the total were either BEV or PHEV. BEV accounted for 28% of the total. This means those sales outpaced ICE.
This is the largest car market in the world, by a wide marging.
In this video I discuss how we are going to see an EV explosion. For the moment, EVs are premium autos. There arent really economy priced vehicles outside China. That is going to change. Once it does, the adoption rate in the US and Western Europe will follow a similar path.
By the way, a year ago, PHEV and BEV sales in China accounted for 36% of the total.
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