China’s electric vehicle market, a rising global leader in EV technology

China’s Electric Vehicle (EV) market is poised for exponential growth, fueled by clean energy initiatives and robust government backing. With an estimated revenue of US$ 292.1 billion in 2023, the market is set to experience a compound annual growth rate (CAGR) of 6.38% from 2023 to 2028. In terms of vehicle types, EVs can be … Continue reading China’s electric vehicle market, a rising global leader in EV technology