CategoryChina

China’s EV boom signals demise of gasoline

Audi dealership in Shanghai
An Audi dealership in Shanghai on Oct. 24, 2024. The Chinese government planted the seeds for the transition to EVs more than a decade ago, offering subsidies that gave automakers time to scale up output and lower costs. (Qilai Shen/BLOOMBERG)
Author
BN
By:
Bloomberg News
November 28, 2024 02:29 PM

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