It's pretty crazy to see how China is crushing the global electric car market!
In just 20 years, unknown brands like Voyah to Nio or Zeekr have emerged and become market leaders.
✅ 70% of global EV sales in China (vs 52% in 2022)
✅ More than 50% of the Chinese car market is electric
✅ CATL controls 37% of the global battery market
Meanwhile, Europe is accumulating setbacks. The bankruptcy of Northvolt, the "battery champion" is a perfect illustration of this.
Originally, Europe was supposed to be the electric champion by 2035.
Reality is catching up with us brutally...
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