Trump to Xi: 'Hold our Beer' - EVs majority of Chinese New Car Sales, as Exports rocket 74%

Trump to Xi: 'Hold our Beer' - EVs majority of Chinese New Car Sales, as Exports rocket 74%

Ann Arbor (Informed Comment) – Car News China reports that in the first half of 2025, consumers in that country bought 10,891,000 passenger vehicles. But here’s the catch. They bought 5,458,000 EVs and 5,433,000 gasoline cars. Look carefully at those numbers. They bought more EVs than internal combustion engine cars. To be precise, 50.1% of new cars bought in China this year were battery electric or plug-in hybrid. China isn’t the first country …