Comment by dyauspitr
1 day ago
The Trump administration is intentionally trying to kill solar so that their oil buddies can make money for another 5-10 years.
It’s insane to think that close to 80% of cars in shenzen are electric. I don’t even understand how that works. These EV cars have been around for about a decade. How has the entire population of the city purchased a new vehicle in that short span of time.
> These EV cars have been around for about a decade. How has the entire population of the city purchased a new vehicle in that short span of time.
As one comment says, many of those are going from 0 cars to 1 car. But also the average age of cars in China is less: https://min.news/en/auto/6ebd7edbc7df2c10102b857be9c06a47.ht...
It's also worth questioning what wealth and poverty look like in China; the changes in family structure; savings, investment, and credit; and so on. Shenzen is a rich city.
I guess most just did not have a car before...
It's quadrupled in population in the last two decades and gone from a manufacturing hub to China's Silicon Valley, so it's probably the least surprising place to be full of EVs.