The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

EV sales now expected to account for 55% of total global vehicle sales by 2030

News Snapshot:

EV adaption in Ireland has outpaced global and European averages, with 33 per cent adopting EVs in 2022. Photograph: John Walton/PA Electric vehicle (EV) sales are accelerating faster than predicted and are now expected to reach 55 per cent of total global vehicle sales by 2030, significantly earlier than previously forecast, according to a new report by consultancy organisation EY. The study, which highlights six priorities to unlock mainstream EV adoption, said EV sales in Europe are set to eclipse traditional petrol and diesel car sales by 2027, also earlier than expected. “Car drivers are buying EVs at record pace,…

Other China Tech Buzz: