Part 4/14:
China’s EV industry exemplifies the scale and ambition behind China’s industrial push. Since the early 1990s, China has invested heavily, mobilizing state funds, local government support, and research institutions to nurture this sector. Today, Chinese automaker BYD is the world’s leading EV seller, surpassing traditional giants like Tesla and BMW. The introduction of affordable, technologically advanced Chinese EVs into global markets has alarmed European and American automakers.