India  

China Is Winning The Race for Affordable EVs

OilPrice.com Wednesday, 24 April 2024 ()
While U.S. and European automakers struggle with weaker demand for electric vehicles, China is churning out a growing number of small and cheap EVs that are taking over the domestic car market and other markets in Asia. Affordability has been a key driver of consumer choices when buying a car. The average consumer in the U.S. and Europe has yet to afford an EV manufactured by a Western carmaker. That's not the case in China, where generous government subsidies have helped EV manufacturers make many models priced on par or even lower than gasoline…
0
shares
ShareTweetSavePostSend
 

You Might Like


Related videos from verified sources

China’s Railgun & U.S. Talon-1 Vehicle Compete for Hypersonic Space Launches | Oneindia News [Video]

China’s Railgun & U.S. Talon-1 Vehicle Compete for Hypersonic Space Launches | Oneindia News

Discover the latest developments in the hypersonic space race as China unveils plans for a giant railgun while the US introduces the Talon-1 hypersonic vehicle. Explore how these innovations are..

Credit: Oneindia     Duration: 02:20Published