China dominates the electric vehicle industry, with its brands responsible for about two-thirds of global sales in 2024, although none of those sales were in the U.S.
China loves electric cars: making them, driving them and selling them to the rest of the world.
Electric vehicles have been widely adopted in China, thanks in part to years of now-defunct government subsidies and a fast-growing network of charging stations. According to the International Energy Agency, almost half of the cars sold in China in 2024 were electric, compared with about 1 in 10 in the U.S.
But despite growing global interest in the innovative sector, Chinese electric cars remain out of reach for consumers in the world’s second-largest auto market, the United States.
I see... So the American companies like Apple, Nike, all major clothing brands etc that make use of the very same somehow aren't able to bring their prices down? I fail to believe "quality control" is enough to justify it.