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Can China’s electric car boom last?

Graham Watson

11th October 2022

This article looks at the booming e-vehicle market in China and makes the point that China is expected to register 6 million electric cars in 2022, revised upwards from 5.5 million, representing a quarter of all new cars registered.

The reason for this is a different model of electric car use - with taxis not having to charge their batteries, but able to simply have them replaced, and numerous incentives for electric car owners - not having to buy a new registration plate and, in other cities, the right to drive in bus lanes or access to free parking.

And yet, some are sceptical whether the market can continue to thrive, not least because of the ending of incentives to buy them, and doubt whether the Chinese experience can be replicated in other countries.

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to tutor2u, reads voraciously and is interested in all aspects of Teaching and Learning.

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