6,575
edits
Volkswagen:Competition From China EVs: Difference between revisions
Volkswagen:Competition From China EVs (view source)
Revision as of 15:32, 22 August 2024
, 22 August 2024→Reasons for the dominance of Chinese automakers in the EV industry
| Line 49: | Line 49: | ||
* '''However, government support has started declining. Subsidy per vehicle stood at $4,764 in 2023 down from $6,656 in 2022 and $13,860 in 2018.''' | * '''However, government support has started declining. Subsidy per vehicle stood at $4,764 in 2023 down from $6,656 in 2022 and $13,860 in 2018.''' | ||
[[File:CSIS.png|left|thumb| | [[File:CSIS.png|left|thumb|811x811px|Source: Center for Strategic and International Studies (CSIS)]] | ||
| Line 88: | Line 88: | ||
* According to BBVA Research, battery sales by Chinese automakers accounted for 60% of worldwide sales in 2022. According to Bloomberg, LFP batteries were 32% cheaper than NMC batteries in 2023<ref>https://about.bnef.com/blog/lithium-ion-battery-pack-prices-hit-record-low-of-139-kwh/</ref>. | * According to BBVA Research, battery sales by Chinese automakers accounted for 60% of worldwide sales in 2022. According to Bloomberg, LFP batteries were 32% cheaper than NMC batteries in 2023<ref>https://about.bnef.com/blog/lithium-ion-battery-pack-prices-hit-record-low-of-139-kwh/</ref>. | ||
[[File:BBVA Research.png|left|thumb| | [[File:BBVA Research.png|left|thumb|888x888px|Source: BBVA Research]] | ||