China Set to Lead Electric Vehicle Sales

China is set to achieve a significant milestone in the electric vehicle (EV) market, with projected sales surpassing traditional vehicles for the first time by 2025. Estimates predict that over 12 million electric cars will be sold in China, marking a 20% increase, while traditional car sales are expected to decline to under 11 million. In parallel, new entrants like Firefly, a sub-brand of Nio, are launching affordable electric family cars priced at around £16,000, aiming to compete with Western models. This transition is underscored by advancements in battery technology, including rapid charging solutions that could significantly reduce charging times. Meanwhile, international trade tensions are brewing, with the EU and US imposing tariffs on Chinese EVs, potentially disrupting the global market landscape. As China leads the charge in the EV revolution, it raises questions about the future of traditional automotive manufacturing and international trade dynamics.