{"id":23899,"date":"2023-01-16T20:01:19","date_gmt":"2023-01-16T19:01:19","guid":{"rendered":"https:\/\/michelsanti.fr\/?p=23899"},"modified":"2023-01-16T20:01:19","modified_gmt":"2023-01-16T19:01:19","slug":"the-ev-symbol-of-a-shift-in-world-power","status":"publish","type":"post","link":"https:\/\/michelsanti.fr\/en\/china\/the-ev-symbol-of-a-shift-in-world-power","title":{"rendered":"The EV, symbol of a shift\u00a0in\u00a0world power?"},"content":{"rendered":"

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Sales of electric cars are exploding on a global scale. Last year saw an increase of 60% compared to 2021 with nearly 11 million vehicles put into circulation. It’s simple: EV now account for 13.2% of all global sales, having thus tripled in 2 years since 2020. Germany, Great Britain, France and China are the most important users.<\/p>\n

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Obviously, this phenomenon will have universal repercussions and will have crucial effects both on the environment of course, and on the economic and geopolitical levels. In 2022 alone, these electric and hybrid vehicles will have reduced oil consumption by around 4% overall. It must be recognized that the electric car of today is becoming much more efficient since its average range is 425 KM, knowing that this progression will continue again this year which promises them a range of 580 KM.<\/p>\n

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The other fundamental event considerably reinforcing the attractiveness of the EV was the collapse of more than 85% (since 2010) of the cost of the battery because it still constitutes a third of the overall price of this type of vehicle. The hyperbolic increase in demand logically made it possible to increase battery production by 40% in 2022, which should even be multiplied by 5 by 2025. Make no mistake as this constantly increasing demand of batteries for EV represents one of the most notorious industrial challenges of our contemporary history.<\/p>\n

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Supply chains, international competition between industrial heavyweights, the balance of business, interstate political relations, in short, a new sharing of power, will result from this because \u2013 at present \u2013 5 out of 10 batteries produced at the level worldwide are \u201cMade in China\u201d.<\/p>\n

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Thanks to giants such as CATL and BYD and to a national market where now 1 out of 4 vehicles sold is electric with 6 million sales in 2022 – double that of 2021 – the Chinese market is twice as large as Europe and 5 times more than the United States.<\/p>\n

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This strength of its domestic market and its considerable lead in terms of battery manufacturing has thus authorized China to export 165% more vehicles abroad in November 2022 compared to November 2021. Chinese manufacturers are therefore competitors of size at the global level and a company like BYD is generating a real revolution by positioning itself directly against Tesla, which it is giving a hard time to.<\/p>\n

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Europe itself, which has automotive pioneers and flagships, currently buys around 19% of its electric cars from China and this is only the start, as major Chinese manufacturers are betting on an upcoming escalation of around 50% of their exports. For example, BYD recently announced the launch of three models exclusively for Europe.<\/p>\n

 <\/p>\n

This revolution of electric cars announces a redistribution of the cards, and very probably new conquerors.<\/p>\n","protected":false},"excerpt":{"rendered":"

  Sales of electric cars are exploding on a global scale. Last year saw an increase of 60% compared to 2021 with nearly 11 million vehicles put into circulation. It’s simple: EV now account for 13.2% of all global sales, having thus tripled in 2 years since 2020. Germany, Great Britain, France and China are…<\/p>\n","protected":false},"author":4,"featured_media":23880,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"give_campaign_id":0,"_crdt_document":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"mc4wp_mailchimp_campaign":[],"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[648941287,648942190],"tags":[],"class_list":["post-23899","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-china","category-ev"],"yoast_head":"\nThe EV, symbol of a shift\u00a0in\u00a0world power? - Michel Santi<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/michelsanti.fr\/en\/china\/the-ev-symbol-of-a-shift-in-world-power\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The EV, symbol of a shift\u00a0in\u00a0world power? - Michel Santi\" \/>\n<meta property=\"og:description\" content=\"  Sales of electric cars are exploding on a global scale. 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Readers: your first electric car will most likely be Chinese, as China has now surpassed\u2026","rel":"","context":"In "China"","block_context":{"text":"China","link":"https:\/\/michelsanti.fr\/en\/category\/china"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2023\/04\/europe.png?fit=1200%2C801&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2023\/04\/europe.png?fit=1200%2C801&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2023\/04\/europe.png?fit=1200%2C801&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2023\/04\/europe.png?fit=1200%2C801&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2023\/04\/europe.png?fit=1200%2C801&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":25671,"url":"https:\/\/michelsanti.fr\/en\/real-estate\/the-weakened-dragon","url_meta":{"origin":23899,"position":3},"title":"China : the Weakened Dragon","author":"Michel Santi","date":"February 18, 2024","format":false,"excerpt":"The 2008 financial crisis marked a decisive turning point in the Chinese economy: adverse effects of which are still being felt today. Fearing contagion that would affect their banking system and the detrimental consequences of a decline in exports due to the slowdown in global demand, Chinese officials believed\u2014following the\u2026","rel":"","context":"In "Real estate"","block_context":{"text":"Real estate","link":"https:\/\/michelsanti.fr\/en\/category\/real-estate"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/02\/dragon.jpg?fit=1024%2C1024&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/02\/dragon.jpg?fit=1024%2C1024&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/02\/dragon.jpg?fit=1024%2C1024&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/02\/dragon.jpg?fit=1024%2C1024&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":26222,"url":"https:\/\/michelsanti.fr\/en\/capitalism\/gaza-2035-a-clean-slate","url_meta":{"origin":23899,"position":4},"title":"Gaza 2035 : a clean slate ?","author":"Michel Santi","date":"May 26, 2024","format":false,"excerpt":"\u00a0 Israel and the United States are working on a route that would allow heavy trucks to travel to the United Arab Emirates through Jordan and Saudi Arabia. In parallel, the normalization of relations between these countries will be crowned by a railway project (under study since 2017) linking the\u2026","rel":"","context":"In "capitalism"","block_context":{"text":"capitalism","link":"https:\/\/michelsanti.fr\/en\/category\/capitalism"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/05\/Gaza-Neom.jpg?fit=1200%2C920&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/05\/Gaza-Neom.jpg?fit=1200%2C920&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/05\/Gaza-Neom.jpg?fit=1200%2C920&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/05\/Gaza-Neom.jpg?fit=1200%2C920&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/05\/Gaza-Neom.jpg?fit=1200%2C920&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":29088,"url":"https:\/\/michelsanti.fr\/en\/china\/the-countdown-has-begun","url_meta":{"origin":23899,"position":5},"title":"The countdown has begun","author":"Michel Santi","date":"April 27, 2025","format":false,"excerpt":"In just a few weeks, the White House and the United States have gotten themselves into a situation from which they will have the greatest difficulty escaping. Starting on April 10, trade between the U.S. and China progressively \u2014 but irresistibly \u2014 came to a halt. Cargo bookings, in fact,\u2026","rel":"","context":"In "China"","block_context":{"text":"China","link":"https:\/\/michelsanti.fr\/en\/category\/china"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/xii.jpg?fit=676%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/xii.jpg?fit=676%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/xii.jpg?fit=676%2C1200&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/posts\/23899","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/comments?post=23899"}],"version-history":[{"count":3,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/posts\/23899\/revisions"}],"predecessor-version":[{"id":23902,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/posts\/23899\/revisions\/23902"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/media\/23880"}],"wp:attachment":[{"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/media?parent=23899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/categories?post=23899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/tags?post=23899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}