The Rise of China's EV industry

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#china #evs #chineseelectriccar

Charting the rise of China's electric car industry from the early 2000s till today. How have government and Chinese communist party investments influenced the growth of China's electric vehicle market? How has cooperation with foreign investors such as Warren Buffet led to China's current dominance of the electric car market all around the world?
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As the largest oil importer, China is determined to develop electric vehicles. Even if the western countries stop promoting electric vehicles, China will continue.
In addition, many countries in the world are short of oil, and there is also a demand for electric vehicles. I just saw a news that the share of electric vehicles in new cars sold in Nepal has reached 60%.

jogana
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EV investment was never about emissions. It was always about China trying to be independent from Oil. + Local automotive industry is great face globally. The environment is nice-to-have.

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More joint ventures with American, Japanese, Korean, and German automakers.

Make Money, Not War.

Talltrees