from China about electric vehicles Is it surprising that he came so far ahead? Maybe not! Let’s look together at the reasons behind success.

In fact, this success did not come suddenly, it was carefully planned. product of strategy It wouldn’t be wrong if we said that.

Investment in electric vehicles began as the Chinese government re-evaluated the situation in the auto industry.

Early 2000s Chinese auto industry concerning vehicles with a combustion engine was strong, but domestic brands were not at a level to compete with foreign manufacturers.

China realized that it could not surpass countries like the US, Germany and Japan in terms of innovation in the field of internal combustion engines. Therefore, completely decided to invest in a new area: battery powered vehicles.

The Chinese government has implemented policies such as generous government subsidies, tax breaks and purchase incentives to support the electric vehicle industry.

Thanks to the policy, many The domestic electric vehicle brand was born and started optimizing new technologies. In addition, a large customer base has been formed among young car buyers.

Since 2009, the government has been providing financial subsidies to electric vehicle companies. These support companies to improve their models It allowed them to continue and for consumers to own vehicles at more affordable prices.

Number of electric vehicles sold in 2022 More than half of car sales was forming.

The Chinese auto industry is closely linked to the rise of Tesla.

The Chinese government has not only restricted subsidies to domestic companies, but also He also offered it to foreign companies such as Tesla. In this way, Tesla established production facilities in China and the Gigafactory in Shanghai became Tesla’s most efficient production center.

Moreover, the most important part of the electric vehicle is the battery China has made great strides in battery technology. It has made significant innovations, especially in LFP (lithium iron phosphate) batteries, making the technology safer and more cost-effective.

Although China does not have most of the materials needed to produce batteries, these materials are available in the field of refining is the world leader.

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