Increased labour and product costs risk imposing a significant burden on motorists, discouraging them from carrying out ordinary or extraordinary maintenance

The increase in the cost of energy is having a negative impact on the running costs of electric cars. In October 2021, it cost 50 to 70% less to charge the battery of a zero-emission car compared to filling up the tank of a petrol or diesel powered car. Today, it can even cost more.  

The comment by Sinomachint Chairman, Mr Wendi Xia