BYD’s CEO says it is GAME OVER for ICE and legacy car makers this year

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Wang Chuanfu, the chairman and president of BYD, anticipates that China will witness a significant milestone this year, with new energy vehicles (NEVs) projected to account for half of the country’s monthly vehicle sales. This forecast comes after NEVs surpassed a 40 percent share of total vehicle sales for the first time in late 2023.

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