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IEEFA: Skyrocketing EV sales in China spell a no-turning-back step change in global energy landscape

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Above 10% - Passenger Electric Vehicle Sales in China as a Percentage of Total Sales, QuarterlyThe jury is in. The global race between passenger electric vehicles and hydrogen fuel cells vs petrol vs diesel is over. EVs have won in China, the world’s biggest auto market. EV sales in China grew 154% year-on-year to 3.3 million in 2021. China now wants new energy vehicles (NEVs), including plug-in hybrids and hydrogen […]

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