"China's Electric Vehicle Revolution: A Nation on the Move. In a striking phenomenon, Chinese consumers are replacing their electric vehicles (EVs) at a rate that surpasses even the rapid turnover of cell phones. According to a recent report, many EV owners in China are opting for newer models every 2-3 years, driven by the country's aggressive EV market and the constant influx of innovative models. This trend raises questions about the sustainability of EV ownership and the environmental impact of such rapid consumption, as well as the implications for the global automotive industry."
The Chinese replace EVs sooner than they upgrade cell phones Team-BHP