Western powers have long raised concerns about the risks of Chinese
BEIJING – China 's meteoric rise as the world's powerhouse of electric vehicle production makes Western efforts to curb their exports a tough sell – and means they could even stifle the fight against climate change, analysts warn.
But experts say that with the West keen to hit ambitious climate goals and the need to speed up the transition to green energy, it can ill-afford to prop up its stagnating car industry. That push has seen Chinese car giants like BYD – once known for making batteries – post record annual profits for last year.
And analysts from consulting firm AlixPartners estimate Chinese companies will hold 33 percent of the global car market by 2030.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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