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How China Became An Electric Car Giant

30 Sep 2023 | Abstracted from Lemonde

"In 2021, the country imported twice as many vehicles as it exported, in value terms. In the first half of 2023, the Chinese industry overtook Japan to become the world leader...

"Wielding the carrot and the stick, China has been pushing investment in the sector since 2009...in 2015, China supported the battery sector by requiring automakers to use Chinese batteries in order to benefit from purchase subsidies..In 2016, Shanghai introduced green license plates for electric vehicles, which exempted them from the road space rationing..."



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