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23 May
17:17

Western EV players have a lot to catch up with China: IEA

China holds a 50% market share in the global electric vehicle market, and several supply chain advantages compared to its western peers, the IEA reports on Monday. The Asian giant assembled more than half of the EVs sold globally last year, after recording sales of 3.3m EVs. Its strong growth is highly supported by policy and public incentives, but also by its industry set-up. Over 50% of lithium, cobalt and graphite processing and refining capacity is based in …
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