China's EVs Are Junked Faster Than Its Phones
A Hejun Consulting analysis of CAAM data, published via 21st Century Business Herald, measured how long owners actually keep their cars.
- China's EVs average just 1.8 years on the road before owners scrap or resell them.
- Gasoline-powered cars in China average 8.2 years, more than four times an EV's lifespan.
- The report frames EV turnover as faster than the country's typical cell phone replacement cycle.
Why it matters: A vehicle discarded faster than a handset was never sold as transportation, only as an upgrade.
Bloomberg (citing CAAM/Hejun Consulting report via 21st Century Business Herald) ↗ · Jul 19, 20267/19/26 · ✓ Checked✓ Check