Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
The rate at which China has transformed its car industry is truly staggering
After starting off slow, China’s EV industry has reorganized itself in record time, going from a global laggard to the global leader in about 5 years – showing other countries how it ought to be done.
https://electrek.co/2024/12/26/the-rate-at-which-china-has-rebuilt-its-car-industry-is-truly-staggering/
In 2020, China was still early in its EV transition, lagging behind many other countries and regions. With EVs only consisting of 5.4% of the country’s car market, it lagged behind California and almost all of Europe – even the slower-adopting countries, like Romania. It was only barely ahead of the 4.6% global average that year.
It set a relatively unambitious goal of 50% EV sales by 2035 – and those 50% didn’t even need to be gasoline-free, they could be hybrids or plug-in hybrids which still have a gas engine inside (what China classifies as “New Energy Vehicles” or NEVs). Around that time, both California and Europe were thinking about banning gas car sales by 2035 – and each of those targets probably could have been earlier, too.
Now, with 2025 coming in just a week, China is likely to hit that 2035 target ten years early – closer to the year that it set the target than the year that the target was set for. It even moved its target forward to 45% NEVs by 2027 this January… and exceeded that target within less than a year.
It’s an indication of how much China is able to do when they put their minds to it – and how other countries have completely failed to keep up due to bickering and resistance from companies or governments being hostile to better technology.
It set a relatively unambitious goal of 50% EV sales by 2035 – and those 50% didn’t even need to be gasoline-free, they could be hybrids or plug-in hybrids which still have a gas engine inside (what China classifies as “New Energy Vehicles” or NEVs). Around that time, both California and Europe were thinking about banning gas car sales by 2035 – and each of those targets probably could have been earlier, too.
Now, with 2025 coming in just a week, China is likely to hit that 2035 target ten years early – closer to the year that it set the target than the year that the target was set for. It even moved its target forward to 45% NEVs by 2027 this January… and exceeded that target within less than a year.
It’s an indication of how much China is able to do when they put their minds to it – and how other countries have completely failed to keep up due to bickering and resistance from companies or governments being hostile to better technology.
More than interesting political commentary in the article (something about a convicted felon) and a certain President Musk wanting to kill EV incentives for OTHER auto makers. Damn fine article on its own.
Tesla wants to kill EV incentives in US because of Musk, but it is lobbying for them elsewhere
https://electrek.co/2024/12/23/tesla-wants-to-kill-ev-incentives-in-us-because-of-musk-but-it-is-lobbying-for-them-elsewhere/
IIRC, CA does not incentivize Tesla buyers because it is so large. The intent was to help smaller makers. (correct me if I got this wrong). So killing the incentives would help Tesla.