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Capital Group

2024 Top 500 ranking: 7

Can China continue its EV dominance?

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2023 was a record year for electric vehicles (EVs): global sales neared 14 million, reaching 18% of all cars sold. To put things into perspective, over 250,000 EVs were sold every week in 2023, which was more than the number sold in a year just a decade ago.

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