Hendrik_2000
Lieutenant General
China is leading the world in Electric Car production. It will have a worldwide repercussion since car industry is the the pillar industry of the west. The most important source of their job and wealth. It will become their "creative destruction" for hundred of year car industry were dominated by the west and Japan simply because car industry need highly skilled worker and designer and improvement were made incrementally over hundred of year It is formidable barrier for new entrant . But electrical car turn everything upside down now everybody start at the same starting line And China dominate the supply chain of EV specially the battery technology. By itself EV is hard to compete with IC engine government support is needed, here China shine by building the infrastructure of EV China led world with 500,000 electric car exports in 2021, accounting for more than half of the electric vehicles exported globally
Shipments jumped 160% with EU-bound EVs growing fivefold to 230,000
China accounted from more than half of the electric vehicles exported globally in 2021 as a result its intense concentration on EV manufacturing.
Nikkei staff writers
March 8, 2022 18:50 JST
TOKYO/GUANGZHOU -- China exported nearly 500,000 electric cars in 2021 -- more than any other country in the world -- thanks to increasing sales in Europe and Southeast Asia by emerging cost-competitive automakers, Nikkei has learned.
asia.nikkei.com
China led world with 500,000 electric car exports in 2021
Shipments jumped 160% with EU-bound EVs growing fivefold to 230,000
asia.nikkei.com asia.nikkei.com
Shipments jumped 160% with EU-bound EVs growing fivefold to 230,000
China accounted from more than half of the electric vehicles exported globally in 2021 as a result its intense concentration on EV manufacturing.
Nikkei staff writers
March 8, 2022 18:50 JST
TOKYO/GUANGZHOU -- China exported nearly 500,000 electric cars in 2021 -- more than any other country in the world -- thanks to increasing sales in Europe and Southeast Asia by emerging cost-competitive automakers, Nikkei has learned.
asia.nikkei.com
China led world with 500,000 electric car exports in 2021
Shipments jumped 160% with EU-bound EVs growing fivefold to 230,000
asia.nikkei.com asia.nikkei.com