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How much of this was China? My understanding is the government subsidizes the industry there, and the size of the market could make it have a very large impact.
by gnicholas 3y ago
How much of this was China? My understanding is the government subsidizes the industry there, and the size of the market could make it have a very large impact.
In the US, apparently the percentage is about 1/3 of the global 20%: https://www.coxautoinc.com/market-insights/q4-2023-ev-sales https://www.coxautoinc.com/market-insights/q4-2023-ev-sales
- jondwillis 3y agoThe average is being brought up by Europe and China. I don’t have exact numbers, but I believe of the two, Europe is lower total sales, higher percentage, whereas China is higher total sales, lower percentage. The rest of the world is low total, low percentage. So, yeah a lot of it is China, but Europe is leading as well.
- bryanlarsen 3y agoI looked it up. China is 26% and Europe is 20%.
- jondwillis 3y agosource? i’ll edit