Chinese electric vehicles are transforming Australia’s car market. Are we getting a good deal?
China’s electric vehicle (EV) manufacturers are having a moment. For a long time, the race to electrify motoring has been almost synonymous with American carmaker Tesla, a clear early leader. But Chinese manufacturer BYD has been closing the gap, with some projections indicating it could overtake Tesla on annual battery-only electric vehicle sales this year. That has implications for Australia, which is becoming a strong market for green motoring. Year-to-date, new battery-only EV sales in Australia are up 16.5%. Hybrids and plug-in hybrids (vehicles that use a combination of a battery and conventional fuel) performed even more st...... Read Full article on HadNews