China now makes more than seven in ten of the world’s electric cars. In 2024 it produced over 12 million, 1.25 million of which were exported, mainly to Europe.
The EU is worried about this – alarmed by cheap, state-subsidised Chinese vehicles flooding its market and threatening the 13 million jobs which depend on its own auto industry. So the bloc has spent the past two years building a system of tariffs and rules to keep Chinese cars at bay.
