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Average Chinese EV is under 2 years old — 90% replaced within five years
🚗 Cars

Average Chinese EV is under 2 years old — 90% replaced within five years

A report from the China Association of Automobile Manufacturers and Hejun Consulting, cited by Bloomberg, shows the average age of electric vehicles on Chinese roads is under two years. Nine in ten Chinese EVs are replaced within five years, compared to seven in ten petrol cars that remain in use beyond the five-year mark, reflecting rapid model turnover in the Chinese EV market.

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