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Electric car sales in China rose by more than 40 per cent last year
A live streamer works near the Volvo EX30 fully electric small SUV unveiled during Auto China 2024 in Beijing, April 25, 2024
SALES of all types of electric vehicles rose more than 40 per cent in China last year, while those of petrol-powered cars plunged, industry data showed today.
A massive total of 31.4 million vehicles were sold last year in the world’s biggest market by sales, up 4.5 per cent compared from a year earlier, the China Association of Automobile Manufacturers reported.
Growth in sales outpaced production, which rose 3.7 per cent.
New tariffs on Chinese electric cars protect European capitalists at European consumers’ and workers’ expense, writes BHABANI SHANKAR NAYAK, showing a continuation of neocolonial trade practices