Part 4/10:
This strong export performance underscores China’s ambition to not only dominate the domestic EV market but also seize opportunities globally as countries push for cleaner transportation solutions.
Increasing Scrutiny and Tariff Implications
Despite impressive growth figures, the Chinese EV market is currently facing significant headwinds. Governments across the globe have begun investigating the alleged subsidies provided by the Chinese authorities, which may have enabled manufacturers to sell EVs at prices that undercut their international competitors.