How China Raced Past The Rest Of The World With Its Explosive EV Boom via InsideEVs
Moreover, chargers are more accessible in China. The country had built 6.36 million chargers by the end of May 2023, more than any other country. Additionally, charging standards are uniform, and infrastructure is government-subsidized.
A significant portion of the charging network is part of the state grid – the country’s fourth largest provider – behind private players like Wangbang New Energy Investment Group and TGood New Energy. As for the sticks, ICE vehicles are losing their appeal in China. To limit the number of cars on the road, Beijing has a license plate lottery system, which by design caters to EVs. For instance, the Beijing Municipal Commission of Transport is grantingSimilarly, the Shanghai International Commodity Auction Co. has its own program to limit cars on the road. ICE car buyers in China's financial capital have to enter a monthlyto get their vehicles registered.
Meanwhile, SICA offered green plates for PHEVs and NEVs for free. January 2023 onwards, PHEV license plates areMoreover, a regulatory approach called the
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