China EVs Making Waves Globally

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China-made electric vehicles (EVs) are not just moving in the fast lane on their home turf. They are also creating waves in the global export market as value-for-money alternatives that deliver decent performance. The trend — which looks set to persist — calls to mind the success story of Chinese-made solar panels, which took the world by storm and helped accelerate the global shift away from fossil fuels. A potential flood of Chinese EVs into the global auto market could similarly speed up erosion of gasoline and diesel consumption, posing a formidable threat to oil demand.

Electric Vehicles, Mobility
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