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China’s EV Shift Creates a Growing Hole in Road Repair Funding
As sales of conventional vehicles fall, policymakers are searching for new ways to replace revenue generated from a tax on fuel
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Timeline cronologica
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China May Car Sales Fall 22% as High Fuel Prices Hit Gas Cars
High oil prices have hit sales of internal-combustion-engine vehicles, driving NEVs to a record 62.9% market share in May, even as overall passenger-vehicle sales fell 22.1%
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China’s EV Shift Creates a Growing Hole in Road Repair Funding
As sales of conventional vehicles fall, policymakers are searching for new ways to replace revenue generated from a tax on fuel