This Week In Electric Vehicles - China's Rising Dominance in Global Vehicle Innovation
China's electric vehicle market has rapidly transformed, asserting itself as a global leader in production, sales, and technological advancement. By early 2025, new energy vehicles, including battery electric and plug-in hybrid vehicles, make up nearly half of all passenger vehicle sales in the country. This growth is fueled by strong government policies, strategic subsidies, and investments in infrastructure, alongside ambitious electrification goals in major cities. Leading domestic...