Part 3/10:
China's rapid advance in the EV sector is often credited to its government’s central planning, which has effectively set the course for automotive growth. Analysts predict that by 2025, electric vehicles will outsell their gasoline counterparts, marking a significant pivot in consumer preferences. Surprisingly, media narratives suggesting a slowdown in EV adoption have been challenged by hard statistics showing a substantial growth rate. The realization that EV sales grew by 30% worldwide in 2024 underscores the momentum this market is gaining.