China’s electric vehicle and plug-in hybrid sales increased significantly in 2021 year-over-year—rising 158% by the end of the year. “That last figure is a significant one for the Chinese authorities since their target for NEVs to make up 20% of all new car sales by 2025 was within touching distance in both November and December and, if achieved over a full year in 2022, would mean the target was reached three years ahead of schedule,” said Autocar. (Source: Autocar) Read the original article.
Todd Phillips is the editorial director of Universus Media Group Inc. and the editor of Canadian auto dealer magazine. Todd can be reached at tphillips@universusmedia.com.
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