Part 4/14:
China has become the world’s largest manufacturer and consumer of EVs, surpassing expectations with its fast-paced adoption. Tesla's entry into Shanghai in 2020 was a turning point, igniting a revolution in perceived car desirability and underlining China’s commitment to electric mobility. Today, EVs constitute nearly 50% of new car sales in China, up from just 5% in 2020, representing a monumental shift comparable to the US market's size.