China's rise in electric vehicle production πis now undeniable.π
As early as 2018, data collected in the global Trendeo database (Industries & Strategies) showed firstly that investment in electric vehicles had overtaken investment in combustion engine vehicles:
and secondly that Asia accounted for 66% of electric vehicle investment projects - compared to 9% for America and 23% for Europe:
At the time this data was released, it was still a surprise.
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