The worldwide market is being revolutionized by China’s electric car sector.
The global electric vehicle market has become a critical component in the transition towards a low-carbon future. At the forefront of this revolution is China, whose rapid ascent in the EV industry has left global automakers scrambling to keep pace. Despite trade tensions and tariffs aimed at curbing its dominance, China remains the undisputed leader in the sector, producing more than 60% of the world’s EVs.
China’s success in the electric vehicle industry can be traced back to a combination of forward-thinking policies, substantial investments, and a national commitment to innovation. The story begins with a strategic proposal made by Wan Gang, often referred to as the father of the EV movement in China. His vision, presented to the Chinese State Council in 2000, emphasised the need f...