By 2025, Li Xiang, CEO and founder of China’s auto manufacturing company Li Auto, predicts that electric vehicles could make up 80% of the total new vehicle sales in China. According to Li, more than 80% of all new cars sold in China will be new energy vehicles (NEVs) in December 2025.
In February, the auto boss had forecast that China would have 70% penetration of new energy vehicles by Q4 of 2025, but now he has…
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