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China's electric vehicle boom in Trendeo data from 2018

David

November 2, 2022

China's rise in electric vehicle production 🚗is now undeniable.

As early as 2018, data collected in the global Trendeo database (Industries & Stratégies) showed that investment in electric vehicles had overtaken investment in combustion engine vehicles :

We then showed that Asia accounted for 66% of investment projects in electric vehicles - compared with 9% for America and 23% for Europe:

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At the time these data were released, it was still a surprise.

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