{"id":580048,"date":"2023-05-29T08:58:38","date_gmt":"2023-05-29T03:28:38","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=580048"},"modified":"2023-05-29T09:27:41","modified_gmt":"2023-05-29T03:57:41","slug":"global-ev-market-reaches-11-million-units-in-2022-chinas-byd-leads","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/global-ev-market-reaches-11-million-units-in-2022-chinas-byd-leads\/","title":{"rendered":"Global EV market reaches 11 million units in 2022, China&#8217;s BYD leads"},"content":{"rendered":"<p>The global electric vehicle (EV) market reached 11 million units last year with a penetration rate of 14 per cent, as more countries double down on electrification, connection, autonomous driving and sharing in the automobile industry.<\/p>\n<p>The top three players worldwide &#8212; China&#8217;s BYD, Tesla and SAIC-GM Wuling &#8212; occupied 36.11 per cent of the market in 2022, according to the IDC.<\/p>\n<p>Driven by improved supply, high oil prices, government subsidies and price-guaranteed promotions by car companies, China&#8217;s EV market reached almost 7 million units, with a penetration rate of 31.3 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The global electric vehicle (EV) market reached 11 million units last year with a penetration rate of 14 per cent, as more countries double down on electrification, connection, autonomous driving and sharing in the automobile industry. The top three players worldwide &#8212; China&#8217;s BYD, Tesla and SAIC-GM Wuling &#8212; occupied 36.11 per cent of the market in 2022, according to the IDC. Driven by improved supply, high oil prices, government subsidies and price-guaranteed promotions by car companies, China&#8217;s EV market reached almost 7 million units, with a penetration rate of 31.3 per cent.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-580048","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/580048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=580048"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/580048\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=580048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=580048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=580048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}