07.13.2021 - By Bloomberg
China will be a huge market for electric vehicles. In BloombergNEF's latest Electric Vehicle Outlook, published last month, we project that EVs will be 25% of China's passenger vehicle sales in 2025, 48% in 2030, and 77% in 2040. This week, Switched On speaks with BloombergNEF electric vehicle analyst Siyi Mi about the policies China has in place to accelerate this growth, and how pure-play EV manufacturers - including Tesla - are benefiting. This episode is based on a report titled China’s New Energy Vehicle Credit System – 2021. BNEF clients can access this at BNEF on the Bloomberg Terminal, on bnef.com or BNEF Mobile. Switched On is hosted this week by Mark Taylor. See omnystudio.com/listener for privacy information.