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Hybrid electric vehicle to be first replacement of ICE car, says BYD

Nuying Huang, Taipei; Yusin Hu, DIGITIMES 0

Credit: DIGITIMES

The penetration rate of new energy vehicles (NEV) in China has beat forecast this year, rising from 5% last year to 14% in August 2021. Although the likelihood is high that the penetration rate of EV in China could grow ahead of schedule to 30-35% by...

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