China’s EV Revolution: From $5,000 Minis to 1,000-km Supercars – How China Is Shocking the Global Car Market
China produced over 11–13 million electric cars in 2024, about half of all new cars sold in the country, and accounted for roughly 58–70% of global EV output. BYD Auto became the world’s largest EV producer, accounting for about one‑third