The Electric Vehicle Market in China

Since the early 2000s, China began to analyze the feasibility of EV technology. From the national strategy level, the Chinese government issued a series of guidelines and planning to promote the development of electric vehicles, with the objective to accelerate China’s EV development by bringing more technologically advanced automakers and auto part suppliers, and creating more intense competition in this market.

China’s EV sales reached 1.26 million units in 2018,...