In 2015, the Chinese government implemented regulation that were going into effect in 2023. This was around emissions and environmental policy.
In this video I discuss how millions of ICE vehicles already fail these standards. The implementation was delayed 6 months to allow companies to comply. They had 7 years to get their ducks in a row. We are going to see millions of cars built that cannot be sold in China.
This is really going to hurt those without a strong EV lineup.
▶️ 3Speak
