Commentary
The electric vehicle market is growing. Last year, EV sales doubled to a record high of 6.6 million. Is the EV race a sprint or marathon?
This question divides commentators. What doesn’t divide commentators, however, is the fact that China is dominating the EV space. And there’s one man—who most people outside of China have never heard of—working tirelessly to help China exert even more control over the EV market. His name is Li Shufu.
The future of motoring appears to be electric. According to a report published by Virta, a leading supplier of EV charging platforms, the market is growing from anywhere between 40 to 80 percent each year. In 2020, for example, 1 in 10 cars sold in Europe happened to be electric….