China takes larger slices of EV, battery, other key markets: survey

Chinese makers also go on offensive in cutting-edge materials

20230904 China EV production line

China is becoming an electric vehicle dynamo as its companies take market share from foreign rivals. (China Daily via Reuters)

Nikkei staff writers

TOKYO -- Chinese companies have expanded their presence in the markets for cutting-edge materials, electric vehicles and 16 other key products and services, a Nikkei survey shows.

Despite the U.S. and other countries trying to ensure their economic security by assuming protectionist crouches, they are finding it difficult to reduce their reliance on Chinese supply chains for EVs and other products.

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