Quote:
Originally Posted by Martinjlm
I think this is a case of both things being true. There is significant demand for electrified vehicles in China ......... most of these new brands will cease to exist within the next five years
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Absolutely, no-one needs 18 companies making the same thing but that doesnt mean that there will only be 1/18 of the sales.
From what we are seeing here EV sales percentage will continue to increase - as soon as the infrastructure is realistic they are a cheaper, better car for a lot of people.
One things is for sure though, if yorue taking a global view sales figures definitely arent "in retreat" as that article claims