How China plans to win the global EV war


Source: afr.com afr.com

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That momentum will also pick up due to steadily falling prices. Climate Change and Energy Minister Chris Bowen will no doubt be delighted by the impact on Australian consumers’ low take-up of EVs. But how does this fit with evidence of slowing customer enthusiasm for EV purchases in most Western countries? Yes, numbers are growing – just not as quickly as anticipated in the broader consumer market now early adopters have been accommodated and mass market buyers are more concerned about range and charging facilities as well as cost. Birol concedes the momentum is stronger in some markets than others....