China’s electric vehicle dominance hastens end of petrol engine era
Chinese electric vehicle brands have dominated their home market and are now setting their sights overseas. – EPA pic, April 22, 2023.
THIS year’s Shanghai Auto Show signalled the end of the petrol engine era in China, as domestic electric vehicle brands drive change across the sector and leave foreign companies in the dust, analysts and industry insiders said. Government support for EVs and growing interest from a vast consumer base has assured Chinese companies’ dominance of their home market, the world’s largest – and they are now beginning to set their sights overseas.
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