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Slowing economy will not halt China's EV ambitions

Policy support to stay even if demand weakens

| China
China will keep up its support for electric vehicles even as growth momentum slackens.    © Reuters

China is winning the race for global leadership in electric vehicle production. Chinese consumers bought more than 1 million electric vehicles last year, three times more than they did in 2015. The country now produces more electric vehicles than the rest of the world combined.

Can China's EV drive keep up this rapid pace in 2019 even as overall car sales are falling for the first time in decades and consumers turn jittery amid trade tensions with the U.S. and the slowest economic growth since 1990?

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