China Electric Car Stock

China Electric Car Stock

16 October 2023

EV sales continue to soar in China.

At the end of 2022, China nearly doubled its entire EV stock in a single year, reaching 14.1 million EVs on its road.

In the same year, the country sold nearly 6 million EVs, of which 75% are fully battery operated EVs.

China also increased its public EV charging infrastructure by 626,000 charging units, or a 55% growth year-over-year.

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