In China 40% of car sales are EV / now cheaper than ICE carsIn China 40% of all car sales are EV cars.
EV car makers shocked the market by introducing Hybrid EV cars that are priced cheaper than ICE cars (Internal Combustible Cars), in addition to saving fuel costs.
The battle with ICE is WON in China.
A population of 1.4 billion people want EV. There is not enough lithium on the planet to service this country.
Here is the link:
https://www.cnbc.com/video/2024/08/29/hybrid-sales-outperform-evs-due-to-lack-of-charging-infrastructure-analyst.html
Good Luck,