China EV sales projected to increase 51% by 2021
China posted a record number of EVs sold in the country in 2020 despite the global downturn of the automotive industry due to the COVID-19 pandemic.
Report: Average electric truck, bus powertrain revenue to soar
Interact Analysis says even as the price for a given product for a given vehicle is forecasted to decrease rapidly due to tough price erosion, the changes in the underlying mix of powertrains and vehicle types will continue to offer strong business for vendors.
