China’s $143 billion push to dominate the global EV industry

Rest of World — LatestWednesday, October 29, 2025 at 10:00:00 AM
China’s $143 billion push to dominate the global EV industry
China is making a significant $143 billion investment to strengthen its position in the global electric vehicle (EV) industry. After focusing on Europe, Chinese EV and battery companies are now shifting their attention to emerging markets in Asia, Africa, and Latin America. This move not only highlights China's ambition to lead in sustainable transportation but also reflects the growing global demand for electric vehicles, which could reshape the automotive landscape and create new economic opportunities.
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