China drives both EV production and sales—but the fate of the country’s EV brands could soon be in the hands of emerging markets like Thailand

By Lionel Lim

China is the center of the global EV market . More than half of all EVs sold last year were produced by Chinese companies, according to a recent report from the International Energy Agency. Sixty percent of all EV sales in 2023 were in China.

Yet China's EV success co

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China drives both EV production and sales—but the fate of the country's EV brands could soon be in the hands of emerging markets like Thailand