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12min chapter
How did China's auto industry perform in 2024?
World Today
China's 2024 Auto Industry Surge
This chapter explores the remarkable achievements of China's auto industry in 2024, with production and sales exceeding 31 million units, particularly focusing on the rise of new energy vehicles (NEVs). It highlights the strategic evolution from the late 1990s to the present, emphasizing domestic consumer preferences and technological advancements that have driven NEV popularity. The discussion also addresses the implications of China's evolving EV landscape on the global automotive market and emerging competition in key international markets.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode