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51% of all cars in China are electric!

In 2023, China, the world's largest car market, sold 25.8 million cars, compared to 15.4 million in the U.S. and 12.8 million in Europe. Significantly, over 51% of all cars sold in China were electric vehicles (EVs).
This marks a pivotal shift, and there’s no going back. The EU and U.S. must accelerate their actions to keep pace with this transition.
By 2030, expect a major decline in oil demand, driven by the rapid electrification of transport, the growth of renewable energy, and the decreasing costs of battery energy storage systems (BESS).
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  • walter lungayi

    1 w

    Impressive!! This is a great achievement.

    • Munene Mugambi

      1 w

      This is a remarkable milestone for China's automotive industry! With over 51% of cars sold being electric, it highlights the nation's rapid transition to cleaner transport solutions. Such progress will significantly reduce oil demand, and it sets a global example for the U.S. and Europe to expedite their efforts toward decarbonizing transportation.

      1
      • Kihm Francis

        1 w

        Go go china, electric cars are the future.

        1
                  • Jane Wangui

                    1 w

                    China has surely been making significant strides in dealing with the issue of climate change before the effects are irreversible.

                    6
                    • rosebellendiritu

                      1 w

                      This is great.moving towards green energy is what we all should strive to achieve in the near future so as to bring about change.

                      6

                      Re-watch Climate Week NYC