Page 69 - Wuling News Today

The continued spread of electric cars is certain, but there are a number of snags that could hold back the EV transition.

China considers this year as the crucial year for its new-energy vehicles industry to "go global," according to the Chinese industry ministry

China's plug-in EV market saw a 154% increase on sales compared to 2021

Chinas vehicle market ended its three-year decline last year, with deliveries edging up 3.8 percent from 2020 to reach 26.28 million. The China Association of Automotive Manufacturers estimates that the market will grow 5 percent to 27.5 million in sales in 2022.

China's plug-in EV market saw a 154% increase on sales compared to 2021

China is not only the world’s largest car market but leads in EV sales, as well — and demand is growing so fast that battery-car sales are expected to hit 20% this year, three years ahead of the Beijing government’s target. Find out how VW, Tesla and others are responding.

Although the target is clear, the Chinese carmaker did not seem to be confrontational about the competitor in its communication with customers

Ranking of world’s 20 best selling electric cars and the battery metals used in them show automakers grappling with soaring raw material prices.

China is proving crucial to Elon Musk's ambition in terms of electric vehicles, and the latest proof is this: over half of Tesla's global sales last year were made at its two-year-old plant in Shanghai.

The electric vehicle company delivered more vehicles than both Nio and Li Auto in December.