China’s competitive car market at heart of global EV revolution

A research firm reports that 69% of all new electric vehicles sold globally in December of last year were sold in China, which makes the country the largest market for electric vehicles worldwide. — Reuters

China is the biggest electric vehicle market in the world, a battle royale featuring both established carmakers as well as upstarts such as Xiaomi, which launched its first EV on March 28.

EV makers from China have made inroads into markets from Europe to South-East Asia and Tesla's Elon Musk described them in January as "the most competitive car companies in the world".