China’s NEV Ownership Surges to Over 31 Million by End of 2024
China’s NEV ownership has surged to 31.4 million by the end of 2024, marking a 260-fold increase over the past decade, showcasing the nation’s dedication to sustainable transportation.
News & Insights Across Asia
China’s NEV ownership has surged to 31.4 million by the end of 2024, marking a 260-fold increase over the past decade, showcasing the nation’s dedication to sustainable transportation.
The China Association of Automobile Manufacturers (CAAM) has condemned the United States’ concerns over China’s NEV industry, calling such worries a case of trade protectionism.
Is China’s NEV ‘overcapacity’ a real issue? Explore how market restrictions, not overproduction, fuel this debate.