27 Dec Rest of World: China’s $143B Push to Rewire the Global EV Industry
Media source : Rest of World
October 29
Chinese EV and battery makers — led by BYD and CATL — are accelerating their “go global” strategy, investing a staggering $143 billion since 2014 to secure the full EV value chain 🌍🔋
As Western trade barriers rise, these companies are shifting focus from Europe to Asia, Africa, and Latin America, building plants, refining critical minerals, and setting up local supply chains.
“China’s outward investment in the EV ecosystem reflects a deliberate ‘go global’ strategy to secure its full value chain, from raw materials to finished vehicles, as geopolitical frictions and market access barriers rise.” — Bill Russo, Founder & CEO, Automobility Ltd
Even if only part of these projects are completed, one thing is clear: China is methodically rewiring the global EV supply chain around its industrial and geopolitical interests.
🔗 Read the full story here
https://restofworld.org/2025/china-ev-investment-global-expansion/
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