In 2022, all major automakers are offering electric cars. Even in the United States, where brands and consumers are much less inclined towards this technology, there are now electric models in all ranges. In Europe, electrification is becoming downright mandatory with the implementation of the total ban on sales of thermal cars from 2035. But according to experts from GlobalData, it will take a long time to catch up with China on electric cars. . Thanks to gigantic investments decided much earlier than in the West in this area, the Middle Empire would have a decisive lead which will even be confirmed by the end of the decade. China would cover no less than 60% of the total electric car sales in the world in 2030. It would currently control 70% of the world’s production of electric car batteries when counting the entire supply chain.
10 years ahead of the United States
While China currently has six of the world’s largest car battery makers and accounts for 56% of the global battery market, it would enjoy a 10-year lead over the United States according to analyst Amalia Maiden. “The recent Biden tax on foreign manufacturers will allow the United States to accelerate its transition to electric cars, but it will take up to 10 years for them to catch up while creating new mines and other means of production necessary, in addition to developing the charging network in the country”.
Tesla as the leader of the American electric car
Remember, however, that thanks to the Tesla brand, the United States has a major player in electric cars. Elon Musk’s brand is expected to sell well over a million cars worldwide in 2022 and has the largest fast-charging network on the planet. But the other American brands are currently lagging despite large investments in recent years.