Moody’s Forecasts China’s New-Energy Vehicle Sales to Surpass Traditional Cars by 2030
Tuesday, 9 April 2024, 01:39
China's Automotive Market Evolution
Moody's forecast: New-energy vehicles to comprise 50% of sales by 2030.
Key Points:
- State incentives driving customer adoption.
- Expansion of charging infrastructure crucial for growth.
Conclusion: China's automotive landscape is rapidly changing, with new-energy vehicles poised to lead the market in the next decade.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.