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Commentary: What the world can learn from the largest electric vehicle market, China – CNA

News Snapshot:

HANGZHOU, China: Despite the pandemic, global sales of electric vehicles (EVs) increased by 43 per cent in 2020. Total EV sales in China were 1.3 million, an increase of 8 per cent compared to 2019, and 41 per cent of all EVs sold worldwide. Though Europe sold more than China for the first time since 2015, China is still the world’s biggest national market for EVs . The best-selling EV in China is not Tesla’s Model 3, but the tiny Hongguang Mini EV , produced by SAIC-GM-Wuling Automobile, a joint venture between China’s state-owned SAIC Motor, US carmaker General Motors…

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