The number of Electrified Vehicles (xEV) reached 33,319 units as of Sept 30, 2024, representing about 5% of the total industry volume. xEV includes BEVs, plug-in hybrid EV (PHEVs), hybrid EVs (HEVs) and fuel cell EVs. As EV vehicles support the country’s ambition to achieve net-zero carbon emissions by 2050.
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