The 2022 EV market reached almost 11 million units, with a penetration rate of 14%, says IDC, with China responsible for 7 million with a penetration rate of 31.3%. The top 3 players worldwide, BYD, Tesla, and SAIC-GM Wuling, occupy 36.11% of the market in 2022. In China the top 3 players, BYD, SAIC, and …
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