Tesla’s Chinese Rivals Could Be Looking At A Rough Road Ahead
China’s EV boom is turning into a bust. Sales of “new energy vehicles” have been sliding for the past 10 months. In April, they showed a 43% drop from the same month in 2019.
China’s EV boom is turning into a bust. Sales of “new energy vehicles” have been sliding for the past 10 months. In April, they showed a 43% drop from the same month in 2019.
A new ultra-high voltage transmission line launched this week in China is expected to dramatically cut demand for thermal coal, according to market sources quoted by S&P Global Platts.
We’ve published a couple of articles recently on Shenzhen’s dramatic electrification of over 16,000 buses — something completely unprecedented around the world. But to say this is an isolated case of Chinese electric bus leadership would be to miss the much bigger and broader story. Below is a roundup of electric bus stories from China from November and December. The full article on EV Obsession covers the whole year, January–December of 2017, in this way. Check it all out if you want to really be blow away or want to turn your brain into a mesh of electric bus stories and statements. —Zach