Chinese automakers are set to take the top spot in global new vehicle sales for the first time in 2025, knocking Japanese players, which held the position for more than 20 years, to second place.
Japan’s lead over China – which stood at around 8 million units in 2022 – has been erased in just three years.
Which is ironic given the headstart they had on lithium cells. But making ICE was more profitable so… they keep doing that.