How will Chinese Companies Shape the Global EV Market?
Global commitments to reduce emissions have led to increased regulation to phase out petrol and diesel cars, spurring on demand for electric vehicles (EVs)—and raising the question of how this demand will be met. Chinese companies are expanding into established and emerging markets for EV products and components, propelled by their access to critical minerals, production capacity, and investments in innovation. While this expansion could help accelerate decarbonization globally, it raises questions about how the EV market will develop, from circularity infrastructure and energy sources in new markets to international cybersecurity and human rights concerns.
The research for this Emerging Issue was supported by students at Hong Kong University as part of our research partnership under its Common Core Curriculum: Gamechangers for Sustainable Business in Asia | HKU Common Core.