By DCB Editorial, October 3, 2024
The YouTube channel Megaprojects delves into the current state of China’s electric vehicle (EV) industry, highlighting its rapid growth and strategic significance.
The rise of Chinese EV brands has taken much of Western Europe by surprise, as few anticipated the scale of their expansion. Meanwhile, traditional European automakers have been slow to fully embrace electric vehicle adoption, clinging to legacy technologies and approaches.
In contrast, China views EVs, or “new energy vehicles” (NEVs), as a pivotal sector for asserting dominance in what is expected to become the global automotive standard.
