Sinica Podcast

China's EV Explosion, with Ilaria Mazzocco of CSIS

34 snips
Dec 12, 2024
Ilaria Mazzocco, Deputy Director at CSIS and a seasoned expert in China's electric vehicle landscape, dives deep into the rapid growth of the EV industry in China. She reveals how state subsidies and strategic policies played pivotal roles in this explosion. The conversation highlights international responses to China's model, comparing U.S. and EU approaches. Mazzocco also touches on the fierce competition among Chinese firms and their aspirations for global expansion, alongside the implications of U.S. protectionism on this dynamic market.
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ANECDOTE

Unexpected EV Focus

  • Ilaria Mazzocco's interest in EVs began unexpectedly during her PhD fieldwork in China.
  • Initially focused on climate policy and local governments, she found everyone wanted to discuss EVs.
INSIGHT

China's EV Dominance

  • Half of the world's electric vehicles are in China, showcasing the market's magnitude.
  • EV adoption varies regionally within China, with Southern China, particularly Shenzhen, having high visibility.
INSIGHT

Market Disruption

  • China's EV market is rapidly shifting towards new technology, causing disruption.
  • Existing infrastructure and factories still producing ICE vehicles add to the complexity.
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