CleanTechnica•about 1 month ago
Legacy Automakers Pivot On Their Legacies At Auto China
- •Legacy automakers are rapidly accelerating their transition to new energy vehicles (NEVs) and advanced technologies, as evidenced by trends at Auto China.
- •This pivot signals a significant and growing demand for electricity to power EV charging infrastructure and potentially new manufacturing facilities (e.g., batteries, EV components).
- •The speed of technological progress in the automotive sector will drive increased electricity consumption and grid modernization needs globally, starting with key markets like China.
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