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Automobile marketshare for battery electric vehicles (BEV) in China reached 27% in 2024, compared to 13% in the EU and 8% in the US. Wow I didn’t realize adopt
by byoung2 1y ago
Automobile marketshare for battery electric vehicles (BEV) in China reached 27% in 2024, compared to 13% in the EU and 8% in the US.
Wow I didn’t realize adoption was so high in China
https://www.bcg.com/publications/2025/what-chinas-ev-market-can-teach-automakers#:~:text=Automobile%20marketshare%20for%20battery%20electric,and%208%25%20in%20the%20US. https://www.bcg.com/publications/2025/what-chinas-ev-market-...
- bryanlarsen 1y agoIf you include PHEV, it's over 50% now: https://www.techinasia.com/news/china-sets-record-with-new-evs-surpassing-50-market-share https://www.techinasia.com/news/china-sets-record-with-new-e...
- toomuchtodo 1y agoIt’s very exciting imho, uptake of EVs and hybrids in China is contributing to noticeable oil demand destruction, and Chinese oil companies have already called the demand peak. https://cleantechnica.com/2024/11/21/the-us-energy-information-administration-acknowledges-electric-vehicles-are-eating-into-chinese-oil-demand/ https://cleantechnica.com/2024/11/21/the-us-energy-informati... https://www.iea.org/commentaries/oil-demand-for-fuels-in-china-has-reached-a-plateau https://www.iea.org/commentaries/oil-demand-for-fuels-in-chi... https://oilprice.com/Latest-Energy-News/World-News/CNPC-China-Reaches-Refined-Oil-Demand-Peak.html https://oilprice.com/Latest-Energy-News/World-News/CNPC-Chin...