Like many countries in the world, China views electric vehicles (EVs) as a means of sustainable transportation because of their low emissions and high energy efficiency. The Chinese government has invested substantially in EV research and development.
As a consequence, China has by far the biggest EV industry in the world. Between 2018 and 2023, Chinese automakers produced more than 13 million EVs and plug-in hybrid vehicles—more than any other country, according to market research firm Statista. That’s three times the number of EVs and hybrids produced in either Germany (4.4 million) or the U.S. (4.1 million).