Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages
Filter by Categories
Asset Allocation
Data update
Development News
Equity markets
Exploration News
Features
Finance/M&A
News & Views
Sponsored
The Drill Bit
The Future
Trade & Demand
Uncategorised

News

China forges ahead in EV sales; US/EU subdued

Posted on - 13 Oct 2021

Category - Data update

There was a substantial bifurcation in EV sales in August, with Chinese EV sales accelerating after July’s slowdown, but sales in both the US and Europe continuing to slow. It seems to be the global chip shortage which is causing the problems, with US and European OEMs struggling with output of both ICEs and EVs. While there have been some more positive indications in recent weeks from Malaysia, a key chip manufacturer, transportation and supply chain issues are still ongoing. China, by nature of its proximity to the major chip producing countries of southern Asia, is benefiting first. It could...

Login to read full article


Topics

Batteries China Europe EVs US