With a boost in global exports offsetting domestic dips, banks forecast significant growth in overseas markets – especially western Europe.

More emerging markets are embracing BEVs in significant volume terms and are a prime destination for foreign EV manufacturers, especially Chinese players.

Chinas exports of electric vehicles hit a record $9.2 billion in May, rising nearly 50% year-on-year, as global demand for cleaner transport strengthened amid higher oil prices…