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LMC Automotive blog: Can China’s NEV market sustain its rapid growth?
China’s New Energy Vehicle (NEV) wholesale sales achieved a record of 3.4 mn units in 2021, equivalent to a penetration rate of 14.5% which is double that of 2020.
BYD’s innovative DualMode (DM-i) system helped the plug-in hybrid vehicle (PHEV) segment gain much traction while the battery electric vehicle (BEV) secto....
BYD’s innovative DualMode (DM-i) system helped the plug-in hybrid vehicle (PHEV) segment gain much traction while the battery electric vehicle (BEV) secto....
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