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China’s EV sales set to overtake traditional cars years ahead of west

  • As of 2024, electric vehicles are expected to account for 30% of all new car sales.
  • The average range of electric vehicles has increased to over 300 miles on a single charge.
  • There are now more than 500,000 public charging stations in operation worldwide.
  • Battery technology has significantly improved, reducing costs by 50% since 2020.
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92 Articles

Wall Street JournalWall Street Journal
Reposted by
Phil's Stock WorldPhil's Stock World
Center

China’s EV Boom Is Starting to Pinch Oil Producers

·New York, United States
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Right

In 2025, 10 years earlier than expected, battery-powered cars will surpass thermal vehicles in production and sales. The Beijing record pushes exports to the EU (also due to Trump's tariffs) and reveals Brussels' tafazzism. That automotive Europe had created a me...

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Lean Right

There is no doubt that electric cars are here to stay and will be the logical alternative for years to come. With an already sizeable market share, they are preparing to grow even more. The proof of this...

·Portugal
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Lean Left

Romania's emerging supplier industry is booming, but is concerned about the competitiveness of the European car industry. There is also a shortage of skilled workers

·Vienna, Austria
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  • 48% of the sources are Center
48% Center
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Phil's Stock World broke the news in on Monday, December 23, 2024.
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