Resilinc Special Report
How Supply Chain Disruptions Are Impacting China's EV Market
In 2022, China dominated the global EV market, accounting for nearly 60% of all global EV sales. However, with the recent spike in COVID-19 cases, we are seeing an increase in disruptions to production that are plaguing the country. Leading automaker, Tesla, has halted production which will reduce vehicle output by 30%. Additionally, the China Evergrande New Energy Vehicle Group has also suspended production due to a lack of new orders. Moreover, with key commodities essential for EV batteries facing shortages coupled with price spikes, will China continue to lead the global EV market?
Learn more in Resilinc Special Report about China’s EV Industry, commodity shortages, and potential outlook.
Key Insights:
- Electric vehicle market in China: 2022 Recap
- Recent COVID-19 surge and impacts on the EV industry
- Top solutions to protect your supply chain