Why China’s EV industry is maturing—and what it means for global automakers
EV growth is still strong, but slowing down EVs and plug-in hybrids now account for nearly half of all new cars sold in China. That’s staggering compared to the U.S. or Europe, where the EV transition is happening much more slowly. BYD, Tesla, Geely, and a handful of others continue to sell in massive volumes. … Read more