Demystifying the Chinese EV market

New electric vehicles — including both battery electric and plug-in hybrid vehicles — make up nearly half of new car sales in China. Compared to slowing EV sales in Europe and the U.S. the Chinese market is booming. 

So what’s going on?



• How EVs became extremely cost competitive with internal combustion engines in China where EV prices dip as low as $10,000 USD


• Chinese consumer preferences for vehicles packed with features ranging from voice commands to fridges


• The ubiquity and interoperability of fast charging, plus battery swapping


• The rapid pace of electrification in heavy-duty trucking 


• Chinese exports to Europe, Southeast Asia, and elsewhere (although not the U.S.)



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