Posted by Tobby > 2022-07-09 17:35 | Report Abuse

When it comes to EV, China is the one to watch as China as tons of EV manufacturers compare to US, EU or Korea combine! Yeah, thanks right! US has handful of manufacturers! Same with EU and South Korea! But China, boy, that's totally different league now!
So it comes as a mild surprise that last month, 30% of new cars sold in China are EVs! 30%! That's a huge record there folks! We are in 2022! Not 2032!
Meaning in 10 years, don't be surprise there won't be any ICE cars sold in China! Not because chinese China care about the environment of climate crisis! Rather EVs are far easy to maintain and alot cheaper as well!
So for China, the days of ICE cars are truly numbered! I believe, even in 3 years, we should see 90% or even 100% new cars sold in China are EVs!