Despite a slowdown in global electric vehicle (EV) sales in 2025, China’s EV market continues to grow at a remarkable pace. Domestic manufacturers are reporting record deliveries, driven by government incentives, expanding charging infrastructure, and technological innovation. Analysts highlight that China’s dominance in
China’s electric vehicle (EV) industry has rapidly evolved into a global powerhouse, with companies such as BYD, NIO, and Xiaomi challenging Tesla’s dominance. Supported by government incentives, technological innovation, and strategic global expansion, these firms are redefining the EV market. Their focus on
China has emerged as the largest electric vehicle market in the world, accounting for more than half of global EV sales in 2024. Government subsidies, a vast consumer base, and aggressive manufacturing capacity have made the country the center of the global EV
How Contemporary Amperex Technology Co. (CATL) became the powerhouse of the global EV transition. The Battery as the New Oil In the global race for clean energy, batteries are the new oil and CATL (Contemporary Amperex Technology Co.) is at the center of
Firms turn waste into opportunity as EV adoption surges. China’s electric vehicle boom has created a new challenge: what to do with millions of used lithium-ion batteries. By 2025, recycling will have become a critical industry, with companies turning end-of-life batteries into valuable
