The story of China’s electric vehicle industry
Aug 30, 2023, 07:23 AM
The story of China's EV industry is not just one of rapid growth and success; it also involves intricate geopolitical dynamics which could put its success at risk.
China has become a world leader in making and buying Electric Vehicles (EV), somehow under the radar. In fact, China today produces 54% of total EVs globally and with an even higher share for EV batteries.
How did China get there? In this episode of The Sound of Economics, Giuseppe Porcaro sits down with Alicia García-Herrero and Zeyi Yang to explore China’s EV industry. Together they discuss the country’s rapid rise in the market, its advancement on battery technology, as well as geopolitical implications with a growing chorus calling for de-risking.
This episode is part of the ZhōngHuá Mundus series of The Sound of Economics. ZhōngHuá Mundus is a newsletter by Bruegel, bringing you monthly analysis of China in the world, as seen from Europe. Sign up now to receive it in your mailbox!
This episode is part of the ZhōngHuá Mundus series of The Sound of Economics. ZhōngHuá Mundus is a newsletter by Bruegel, bringing you monthly analysis of China in the world, as seen from Europe. Sign up now to receive it in your mailbox!