How China Can Keep the Global Electric Vehicle Market Aloft
BloombergNEF expects the country’s plug-in car sales to approach 10 million this year.
BYD Fang Cheng Bao Bao 5 sport utility vehicles during a media event in Shenzhen.
Photographer: Qilai Shen/BloombergThanks for reading Hyperdrive, Bloomberg’s newsletter on the future of the auto world.
For all the headlines saying the electric-vehicle market has hit a major rough patch worldwide, the latest data from China doesn’t support that conclusion — at least not yet.