China makes more cars than any other country and more electric cars than anyone else
on Beijing’s boulevards offer little evidence that China has a car industry at all. Range Rovers seem to outnumber all the Havals, Changans ands put together; you sometimes see nothing but a stream of Volkswagens and Toyotas. And when you notice how slowly those congested streams flow you would certainly be hard put to imagine the country’s car industry expanding further. But the Chinese government has plans to prove you wrong on both points.
Some of China’s 70-odd domestic carmakers have concluded that it is time to start making better cars. They have improved both their engineering and their design. Lin Huaibin ofMarkit, a research firm, points out that some firms now splash out on Western designers—witness the sleeks which will grace the Shanghai motor show when it opens on April 16th. By some estimates domestic sales will surpass those of foreign brands by 2020.and Great Wall are particularly ambitious in this respect.
There is much less such concern in China. The proud engineering tradition that surrounds internal-combustion engines at venerable carmakers is largely absent, as are the sunk costs that add to their perceived value. What is more, because the country’s carmakers are not particularly politically powerful, any unease they may feel will not matter much;’s in Berlin. The industry is thus largely united around abandoning the internal-combustion engine.
Compared with the thriving home market, Chinese exports of electric cars remain small so far. But its busmakers are showing the way. Almost all of the 400,000 electric buses in circulation around the world were made in China. Most are used at home, easing congestion and pollution, but exports are growing. According to, one of China’s biggest bus manufacturers, its vehicles are used in more than 300 cities in other countries.
Ride-hailing on this scale may be bringing about a structural shift in the car market; people buy with an eye for others as well as themselves. According to Roland Berger, a consultancy, in 2017 around 10% of all cars in China were “shared”; that is, either taxis or used for ride-hailing, car-sharing and similar schemes. That is ten times the number in the West.
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