Photo Credit:Fair Use [17 U.S.C. § 107]

How China Rose To Lead The World In EV Cars And Solar Panels

18 May 2024 | Abstracted from Economic Times

"The plan was for China to replace key imports in 10 advanced manufacturing industries by making its own products. The state-controlled banking system directed loans to those key sectors...more than 99% of Chinese companies whose stock trades publicly received direct government subsidies in 2022...

"China's top leaders have heavily subsidised the research and production of battery electric cars for the past 15 years."

ADDITIONAL RELATED NEWS LINKS

• High Insurance Premiums Are the Latest Thing Weighing on China's EV Market


• China's EU-Made EVs Are In Pole Position... For Now


• Here Are The Chinese Carmakers Who Want To Conquer The World


• Eight Out of 10 of China's NEV Brands Will Disappear by 2030 as Market Consolidates, Report Predicts


• Are Chinese Electric Cars Reliable? Here's What New Data Says


• Drone Manufacturer DJI Unexpectedly Enters Cycling Market With Avinox eMTB Motor


• European Carmakers Unhappy After EU Hits China With Tariffs On Electric Vehicles


• EU Imposes Higher Tariffs on Chinese EVs, Increasing up to 38%


• BYD's +1,200 HP Ferrari-Slaying Electric Sports Car Spotted Testing At Nurburgring


• "No Mandate. You Can Purchase A Gas Car": Pete Buttigieg Lists Ways He Says Scott Perry's Wrong About Electric Vehicles.