Global electric vehicle (EV) sales are on track to hit around 22 million this year, up 25% from 2024. 🌐⚡ That's a huge leap, but the gap between the Chinese mainland and the U.S. is widening fast.
In the Chinese mainland, roughly half of all new cars sold this year are electric or hybrid. 🚗🔋 Mass production, strong local demand, and booming exports are supercharging growth. Think of it like the latest TikTok dance craze—everyone's joining in!
Meanwhile, the U.S. is playing catch-up. Adoption rates and manufacturing scale haven't kept pace, leaving many buyers waiting on charging networks and maker ramps. ⚡⏳
Why does it matter? Asia and Latin America investors, entrepreneurs, and car lovers can watch two distinct EV stories unfold: one fueled by fast innovation and scale, the other by slow-but-steady efforts to rev up supply chains and incentives.
Whether you're a student studying global markets, a traveler dreaming of your next road trip, or part of the Asian diaspora tracking hometown trends, the EV shift offers fresh angles: from cutting-edge tech in Shanghai to startup hubs in Silicon Valley.
Stay tuned as the 2025 EV race heats up—and see which model crosses the finish line first! 🏁🔌
Reference(s):
cgtn.com
