Volkswagen is on track for its smallest year of China sales since 2012, according to CNBC analysis of public data for the first three quarters of the year.
No one should be surprised that BYD is dominating. Doug Demuro did a review of the Han and its nice. A $43k EV with stitched leather interior and is intended to compete with vehicles that are priced above $60k.
Also, China is where the US probably should be with EV adoption, but to say that we aren’t committed is an understatement.
China doesnt have fossil fuel lobbyists to worry about. When the government sets a goal, it happens or heads will roll. It’s why china’s so good at building infrastructure as well. No hoops to jump through when one group controls all the hoops.
No one should be surprised that BYD is dominating. Doug Demuro did a review of the Han and its nice. A $43k EV with stitched leather interior and is intended to compete with vehicles that are priced above $60k.
Also, China is where the US probably should be with EV adoption, but to say that we aren’t committed is an understatement.
China doesnt have fossil fuel lobbyists to worry about. When the government sets a goal, it happens or heads will roll. It’s why china’s so good at building infrastructure as well. No hoops to jump through when one group controls all the hoops.