China’s Electric Vehicle Revolution: Surpassing subsidy reductions, propelling global EV dominance through extraordinary sales achievements
China Continues to Lead Global Electric Vehicle Sales China, the driving force behind the global electric vehicle (EV) surge, continues to defy expectations with record-breaking sales, particularly in October. Despite the conclusion of an 11-year subsidy scheme for EV purchases in 2022, local authorities in China have stepped in, offering aid, tax rebates, and subsidies, fueling […]