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 ten years ahead of schedule.
This reflects the strength of infrastructure and the rapid adoption of new technologies by Chinese consumers.
The Innovation Gap:
While traditional Western automakers struggle to maintain their profit margins,
intense competition and price wars in China have led to the production of high-quality, low-cost electric vehicles,
making a return to gasoline an economically illogical choice for consumers.
Future 2030:
Projections indicate that the gap will widen further;
China is expected to sell 21.2 million electric cars
compared to less than 5 million gasoline cars by 2030.
Summary:
This shift in China is not just an internal matter,
but a "preview" of what will happen in the rest of the world.
Companies that do not invest in electric transformation today,
will find no place in the garages of the future.
Power no longer belongs to those who have the "best engine," but to those with the "smartest battery."
My question to you:
Do you expect that our Arab region will reach a point where "electric sales surpass gasoline" before 2030?
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