As anticipated, global electric vehicles (EV) production is achieving a critical mass necessary to reduce unit costs, increase affordability, and further multiply uptake. And this is mainly attributable to Chinese EV makers and a government that has taken upon itself to make China the leading global EV manufacturer and exporter, becoming the energy transition leader away from fossil fuels.
Chinese EVs affordability and attractiveness have continued to threaten European and American EV models making them lose local and export market shares, a factor that has become political as home auto industries and jobs are threatened.
