US EditionChinese Automakers Gain Ground in Global EV Race as Other World Leaders Risk Falling Behind
- Chinese Automakers have surged ahead in global electric vehicle sales, dominating over half of global EV sales with more than 11 million EVs sold annually, according to the International Council on Clean Transportation .
- Chinese Companies, including Geely and SAIC, achieved 50% EV sales share, meeting their 2025 targets a year early, as reported by ICCT.
- BYD surpassed Tesla in global battery electric vehicle sales for the first time in 2024, with a 25% increase in BEV sales year-over-year, according to ICCT.
- European brands like Mercedes-Benz earned high marks for sustainable practices, while Honda and Nissan are making progress in the EV sector, according to ICCT's latest rating.
122 Articles
122 Articles
Chinese Carmakers Expand Sales in Europe Despite Trade Barriers
When the European Union last year imposed steep tariffs on electric cars made in China, it looked like a serious setback for BYD and other Chinese automakers. But the Chinese companies were not so easily discouraged. They pivoted to hybrids or gasoline-powered cars that were exempt from tariffs. They began importing less-expensive models. And they concentrated on countries like Italy and Spain, where German and French carmakers are less entrench…
Spain could put aside one of the materials that is causing the most dependence on it. To this end, it has exposed to the world the creation of a battery that threatens the exacerbated advance of China. At this point, there is no one who can doubt that the electric car has transformed the motor industry. The great objective of the European Union is to be able to ban the sale of thermal cars by 2035, with exceptions counted. Under this framework, …
China’s EV sales race ahead of competitors
China’s carmakers are rapidly growing their lead in the global EV industry. New research showed that Chinese automakers held most of the top positions globally in EV sales, and were likely deepening their advantage as rivals in the US and EU lag behind technologically. It comes as Chinese manufacturers increase their focus on domesticating their supply chains, particularly for chips: Major Chinese EV brands are aiming to launch models entirely e…
With a truly stimulated internal market, Chinese manufacturers are achieving global growth, taking a leading position in the sale of electric cars. A new report from the International Council on Clean...
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