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Electric vehicles - Deloitte

Electric vehicles - Deloitte

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May 18, 2020 · second half of 2019 turned out lower than previ-ously expected after some subsidies available to Chinese consumers were halved.9 This considerably eroded the consumer demand for EVs, and total yearly sales dropped: PHEV sales fell by 9 per cent and BEV sales fell to a 17 per cent growth rate from 2018 to 2019.10 On a positive note, a slowdown in

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