China Ranked as Global Leader in Energy Transition, According to Wood Mackenzie
The country is crushing its global competition in the transportation sector, too. Battery electric vehicles (BEVs) will make up about two-thirds of China’s passenger car sales by 2034 and that percentage grows to 89% if hybrid electric vehicles are included. BEVs are projected to grow by 8% annually through 2030, while sales of internal combustion […]