News Snapshot:
The numbers don’t lie: China is an absolute powerhouse of an EV maker. Figures from 2022 suggest that 6.8 million electric vehicles were sold in its domestic market during that 12-month period, while North America, which is still clinging to the title of world’s superpower, managed around 800,000 in the same timeframe. There are numerous fiscal arguments as to how this happened, from government incentives and subsidies to the decision to act on its air pollution issues and break the nation’s reliance on imported oil. But whatever your political persuasion, there’s no denying that China is a big early EV...
