World Bank/PRTM study finds global value chain shift resulting from vehicle electrification could favor China from technology and supply chain perspectives
Green Car Congress
APRIL 20, 2011
Driven by four global megatrends—reducing CO 2 emissions, oil concerns, growing congestion, and rapid technology advances—countries worldwide are focusing strongly on vehicle electrification. PRTM projects that the global EV value chain will likely be greater than US$250 billion by 2020. Click to enlarge.
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