What China can teach us about selling EVs by the truckload
Despite the pandemic, global sales of electric vehicles (EVs)increased by 43% in 2020. Total EV sales in China were 1.3 million, an increase of8% compared to 2019, and 41% of all EVs sold worldwide. Though Europe sold more than Chinafor the first timesince 2015, China is still the world’s biggest national market for EVs. The best-selling EV in China is not Tesla’s Model 3, but the tiny Hongguang Mini EV, produced by SAIC-GM-Wuling Automobile, a joint venture between China’s state-owned SAIC Motor, US carmaker General Motors and another Chinese company, Wuling Motors....