China's Geely wants half its vehicle sales to be electric in 2023, says CEO

China's Geely wants half its vehicle sales to be electric in 2023, says CEO

Visual from Geely's website

China’s Geely Automobile Holdings Ltd aims to increase the proportion of electric vehicles (EVs) in its total sales to 50% in 2023, as it accelerates a transition to electric power amid weakening demand for petrol-driven cars.