China’s policy playbook took its EV sector from zero to hero – can other countries follow?

AI Summary

China's electric vehicle (EV) sector has rapidly developed, influenced by consumer spending, environmental policies, trade, and manufacturing trends. The article examines China's policy strategies and explores whether other emerging markets can replicate its success in the EV industry.

China’s electric vehicle (EV) industry sits at the centre of numerous economic and geopolitical trends: consumer spending, environmental protection, trade policy, high-end manufacturing, technology and more. In this short series, we assess the current state of the sector within these broader contexts. Here, Yeon Woo Lee asks whether Beijing has written a blueprint for developing countries to kick-start their own contenders in the field. Emerging markets once seemed like also-rans in the global...