The Panda Mini EV from Chinese auto giant Geely.
China-made EVs are now getting exported to Europe and beyond. They also are poised to enter the US market.
China’s push for clean energy technology has given it an edge in this space.
BYD, Nio, Wuling, Xpeng, and Zeekr are some major Chinese EV brands at home and abroad.
China’s electric vehicles are taking on the world. They may soon come to the US.Electric taxis charge batteries at a charging station on February 7, 2023 in Yibin, Sichuan, China.
China, the world’s largest car market, is now a major automobile producer and exporter as well.
The Asian giant’s EV edge is thanks to its push for clean energy technology, including in the transportation sector.
“Having recognized the potential of electric vehicles 15 years ago, China has since invested vast resources in building a competitive electric vehicle ecosystem,” said Allianz in its report.
Chinese EV makers hold a competitive edge in “nearly all aspects” of the battery electric…
This article was written by Huileng Tan and originally published on www.businessinsider.com