China made a bet decades ago because it couldn’t compete with the US on cars. That bet is paying off big
The streets of Beijing have changed dramatically within just a few years. The noisy, smelly thrum of traffic has been replaced by an unusual quiet for a megacity. Roads course with a stream of mostly electric vehicles, all with their distinct, green license plates.
This is not just a Beijing phenomenon. For those arriving in many of China’s major cities from countries dominated by gas-guzzlers, the quiet will be their first impression, said Li Shuo, director of the China climate hub at the Asia Society Policy Institute.
By any measure, China’s EV growth has been extraordinary. More than half of new cars sold are electric, putting the world’s largest automarket on a path to all but erase gas-powered cars over the coming decades. Last year, China’s EV sales soared to 11 million, a nearly 40% increase on 2023, according to data from UK research firm Rho Motion. It’s an “irreversible transformation,” Shuo said.
China’s EV revolution helps cement its dominance in clean technology and its claim on global climate leadership, just as the Trump administration doubles down on planet-heating fossil fuels and demonizes clean energy.
