China's EV Dominance Faces Global Trade Barriers

A decade after Xi Jinping's pivotal speech, China's electric vehicle industry thrives but encounters resistance from Western markets.

China has become the world's largest auto market, with 9.5 million EVs sold last year.
BYD Co. surpassed Tesla as the world's largest EV producer in late 2023.
The US and EU have imposed tariffs and launched investigations into Chinese EVs, citing unfair advantages.
China's success in EVs has led to tensions with Western countries over trade and market access.
Chinese automakers are innovating with technologies like solid-state batteries to maintain their competitive edge.