Part 5/11:
Over the past year, EV sales growth in Western countries has plateaued after a decade of rapid expansion. This slowdown suggests the market is reaching a crucial inflection point: while early adopters and environmentally conscious consumers have driven initial growth, broader adoption now hinges on overcoming barriers like affordability, infrastructure, and perception.
Meanwhile, China continues to lead in EV adoption, with growth remaining robust due to strategic government policies, manufacturing scale, and cost advantages. Chinese automakers are poised to expand their influence internationally, potentially entering markets with more competitive pricing, challenging Western automakers.