CleanTechnica•about 1 month ago
China EV Sales — Forecasts for 2026 & 2030
- •Forecasts for significant EV market share growth in China by 2026 and 2030 indicate a massive increase in future electricity demand, requiring substantial new generation capacity.
- •This surge in EV adoption, driven by Chinese EV policies, will place considerable strain on the power grid, potentially impacting electricity prices and grid stability.
- •The implied need for new power generation (likely renewables), transmission infrastructure, and charging solutions creates significant development opportunities for IPPs and equipment suppliers.
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