How China is strengthening its electric vehicle market during the pandemic

May 28, 2020

Newly manufactured cars are seen at a port in Dalian, Liaoning province, China April 10, 2020. China Daily via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. CHINA OUT. - RC2J1G9ZJA4M

Newly manufactured cars are seen at a port in Dalian, Liaoning province, China April 10, 2020. Image: China Daily via REUTERS

Peng He

Lead, Automotive and New Mobility, World Economic Forum Beijing

Zili Huang

Intern, Platforms for the Fourth Industrial Revolution, World Economic Forum

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GDP comparison from 2019 to 2021 Image: Peng He, using IMF data (World Economic Outlook, April 2020)

Car ownership per 1,000 people vs. GDP per capita in 2019 for main countries Image: Peng He, using World Bank data

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