Chinese battery market: The road to global energy leadership
The country’s dominance is intensifying, not just in absolute production but in its share of global sales. In 2024, China produced over three-quarters of the batteries sold globally. In the EV industry, Chinese battery producers supplied 95% of EV batteries sold in China, 38% in the European Union, and 15% in the rest of the […]
How can foreign automakers be a part of China’s future driven by electric vehicles | Daxue Consulting
Electric vehicles (EVs), including vehicles mainly powered by electric motors, are gaining increasing attention from governments and the automaker industry globally. China has become the biggest EV market within only a short period of time and is forecasted to continue rapid growth because of the support from the Chinese government and changing car purchase preference […]