Asia Surges Ahead In The Global EV Race
Felicity Bradstock - OilPrice.com
June 24, 2023
Who was cited:
Dylan Sim, Oil Market Analyst - FGE
China has been leading the electric vehicles (EV) manufacturing race in recent years, and now the region can expect a big EV infrastructure boost to promote the uptake of environmentally friendly vehicles. Both China and India expect to see huge investments in their EV industries, with the construction of thousands of EV charging stations, and other countries in the region are likely to follow in their footsteps as they transition away from internal combustion engine (ICE) vehicles.