Number Theory: Implications of China’s Rise in the Global Electric Vehicle Market

Less than a month after the European Union agreed to impose tariffs of up to 45% on Chinese electric vehicle (EV) imports, a flagship publication by the International Monetary Fund (IMF) has argued that Chinese electric vehicle imports could be crucial to reducing carbon emissions. of transport The IMF’s remarks are likely to cause heartburn, if not backlash, in advanced countries, and subtly underscore China’s growing prowess in the strategic global auto market. Here are four charts that explain it in detail.