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Electric cars are becoming more affordable in China, according to the IEA

Only Good News Daily
Summary
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76% Informative

In 2024 , almost half of internal combustion engine car models in China cost under $25,000 .

In Europe and the United States , electric car models on offer in 2024 were on average still much more expensive than combustion cars.

The IEA reports also shows that production by Chinese car makers has started up in Europe , making up 8 percent of European Union EV production last year .

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