Electric bus demand surging outside China
In electric vehicles, China is not what it used to be. Electric bike demand collapsed five years ago, and electric bus demand followed two years ago. With electric buses, the reason was entirely a precipitous drop in government financial support of demand and production, the peak being accentuated by pulling forward to grab subsidies while there were available. In 2020 they will be zero but despite this, in 2027 China plans that full electrification of its bus fleet will be complete.