Strategy Note /
China

China’s exemplary emerging EV market

  • China's automotive industry is next to none in terms of advancements – and there’s no signs of slowing

  • The most important factors are their strengthened supply chains and state-guided demand

  • China specifically has mandated that EVs make up 40% of all sales by 2030 for automakers, regardless of gross cost

Pili Yang
Pili Yang

Marketing Manager

EqualOcean
16 December 2021
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