China’s electric vehicle (EV) market is expected to witness a pivotal shift in 2024, as EV sales outpace those of traditional internal combustion engine (ICE) cars for the first time, according to data from multiple industry sources including UBS, HSBC, Morningstar, and Wood Mackenzie.
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China’s EV Market Poised for Nearly 40% Surge…
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China’s electric vehicle (EV) market is expected to witness a pivotal shift in 2024, as EV sales outpace those of traditional internal combustion engine (ICE) cars for the first time, according to data from multiple industry sources including UBS, HSBC, Morningstar, and Wood Mackenzie.