There are increasing numbers of media stories predicting a sharp decline in conventional vehicle sales in China that could lead to a substantial effect on the major automakers across the globe. Due to the implementation of new vehicle pollution rules and the surge in demand for electric vehicles in China, millions of conventional vehicles will soon be rendered unsellable in that country. For some traditional automakers, the coming three months are likely going to be disastrous given that China already has a dilemma with its automobile inventory.
The first significant market worldwide, where electric vehicles have a 25% market share, is China. With approximately 27 million cars sold last year…
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