NEWS SUMMARY
China has become the global leader in electric vehicles (EVs), with BYD overtaking Tesla as the world’s top EV seller. This success is the result of massive government subsidies and investment in infrastructure like the world’s largest charging network. Chinese companies now produce high-tech, affordable EVs for both domestic and international markets. Western governments have responded with tariffs, citing unfair competition and data security concerns.
For more info, click here.
