China has developed such a lead in EVs, the country is looking to dial it back, according to a recent Bloomberg report. The country has become famous as the largest market in the world for electric cars, which account for about 3 percent of the 28 million cars sold there a year, triple the percentage of almost double the sales in the U.S. The... China lets air out of its EV market with new restrictions on startups
China has developed such a lead in EVs, the country is looking to dial it back, according to a recent Bloomberg report. The country has become famous as the largest market in the world for electric cars, which account for about 3 percent of the 28 million cars sold there a year, triple the percentage of almost double the sales in the U.S. The...