The Strid Energy Report for March finds that China leads in electric vehicle (EV) sales and production, motivated by energy security, job creation, and toxic and climate pollution. China is on track to achieve 50% EV sales by 2025.
The EV transition will reset market shares of all automakers and battery makers. Everyone is scrambling to keep pace with China.
So-what’s: Global EV adoptions are likely to exceed all US policy targets; 2 million US auto jobs are at risk without action; infrastructure can be steered to clean at near-zero cost.