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Why are there so few trams abroad, but many in China? Let's take a look at the driving force behind the take-off of China's trams

author:Pan Hsiu Aoyama

Oil price VS electricity price: the economic calculation of electric vehicles

The rise of electric vehicles is undoubtedly a bright spot in today's automotive market, especially in China, where they are gaining market share at an unprecedented rate. Behind this, there is a silent contest quietly unfolding - the economic game between oil prices and electricity prices.

The policy spring breeze blows the green electric vehicle market

Why are there so few trams abroad, but many in China? Let's take a look at the driving force behind the take-off of China's trams

In China, the government's support for new energy vehicles is unprecedented. From subsidies to tax incentives to the construction of charging stations across the country, a combination of policies has paved the way for electric vehicles. Behind these initiatives is a strong commitment to environmental protection and far-reaching considerations for energy security.

Energy bills, electric cars are better?

Why are there so few trams abroad, but many in China? Let's take a look at the driving force behind the take-off of China's trams

For the average consumer, there is no more intuitive feeling than the change on the energy bill. As a major oil importer, the fluctuation of oil prices directly affects the operating costs of traditional fuel vehicles. In recent years, the rising trend of oil prices has undoubtedly made the economics of electric vehicles more prominent. In contrast, the relative stability of electricity prices has become a reassurance in the hearts of electric vehicle owners.

Used batteries: a concern for the Green Revolution

Why are there so few trams abroad, but many in China? Let's take a look at the driving force behind the take-off of China's trams

However, the adoption of electric vehicles has not been without its challenges. The recycling and disposal of used batteries has become a stumbling block on the road to the development of electric vehicles. In Western countries, this issue is more heavily regulated, complex and costly to deal with. Although China is actively responding, it still takes time and investment to improve the technology and system of waste battery treatment.

National conditions are different, and market demand is different

Why are there so few trams abroad, but many in China? Let's take a look at the driving force behind the take-off of China's trams

Different national conditions breed different market needs. In China, the boom in ride-hailing and delivery services has created a massive demand for electric vehicles. These industries pursue efficiency and cost control, and the environmental and economic characteristics of electric vehicles are just right. Abroad, however, this market driver has not yet fully emerged.

Worry-free charging, the confidence of electric vehicles

Why are there so few trams abroad, but many in China? Let's take a look at the driving force behind the take-off of China's trams

It cannot be ignored that the improvement of charging facilities has injected a boost into the promotion of electric vehicles. In China, whether it is on the city street or on the highway, the penetration rate of charging piles is increasing year by year, which greatly alleviates the "range anxiety" of consumers. The construction of this infrastructure not only improves the practicality of electric vehicles, but also enhances the confidence of the market.

Conclusion: The future of electric vehicles is bright

Why are there so few trams abroad, but many in China? Let's take a look at the driving force behind the take-off of China's trams

To sum up, the popularity of electric vehicles in China is not accidental, but the result of multiple factors such as policy, market, and technology. Despite the challenges of used batteries, the prospect of electric vehicles is still worth looking forward to with the advancement of technology and the continuous improvement of policies. Globally, this "gasoline-power" battle is pushing the automotive industry towards a cleaner and smarter direction.

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