Source: Tech – South China Morning PostThe global energy crisis may be pushing the balance towards pure electric cars amid worries about surging petrol bills, but BNP Paribas is cooling down expectations as a lack of charging infrastructure and high insurance costs remain major stumbling blocks.
The forecast could dampen investor enthusiasm for Chinese makers of battery electric vehicles (EVs), which had surged in the past two months on the back of rising exports.
“The infrastructure readiness is not necessarily there” in many…Read More