CHINA'S EV FLEET AVERAGES 1.8 YEARS OLD

The stark age gap reflects China's rapid EV adoption over the past few years. The country has emerged as the world's largest electric vehicle market, with aggressive government incentives and manufacturing capacity driving quick turnover in the sector. The 6.4-year difference between EV and gasoline vehicle ages underscores how quickly the Chinese automotive landscape is shifting. Older gasoline vehicles remain in circulation longer, while the EV market continues adding new models as battery technology improves and prices decline. The 21st Century Business Herald reported the figures, which highlight both the youth of China's EV infrastructure and the pace of electrification adoption. As battery costs fall and charging networks expand, the average age of electric vehicles is likely to remain lower than traditional vehicles for the foreseeable future.