China’s EV industry is spending more on factories abroad than at home for the first time

China's EV Industry Is Now Spending More Abroad Than At Home

Today on Critical Materials: China is spending big on EVs abroad, ex-Tesla employees build a new charging startup and Waymo's former CEO throws shade.

China EV industry invests more abroad than at home for first time

Chinese companies involved in the electric vehicle industry invested more overseas than domestically for the first time in 2024.

China's EV industry is spending more on factories abroad than at home for the first time

For the first time on record, the Chinese electric car supply chain last year invested more overseas than domestically, according to Rhodium Group.

Can China forge an offshore economic empire? EV producers are feeling the way

Companies invested more abroad last year than they did at home, report says, bolstering country’s manufacturing footprint overseas.

China EV Sector Invests More Abroad Than at Home for First Time

Chinese companies involved in the electric vehicle industry invested more overseas than domestically for the first time in 2024, although foreign projects face higher costs, delays and risks.