China’s electric vehicle (EV) industry is rewriting the rules of the global auto game – and Commerce Minister Wang Wentao says it’s all about innovation, not government handouts. 🌱 At a Paris meeting Sunday, Wang pushed back against claims from Western nations that China’s EV dominance stems from subsidies, calling such accusations 'groundless.'
The Real Drivers: Tech, Supply Chain & Grit
'Our companies sprint ahead through cutting-edge R&D, a rock-solid supply chain, and good old-fashioned market competition,' Wang stated. With climate change accelerating faster than a Tesla Plaid, he emphasized China’s EV sector as crucial to global green efforts: 'Every battery we perfect and every emission-free mile driven is a win for the planet.'
Myth-Busting the 'Overcapacity' Narrative
Addressing U.S. and European concerns about production glut, Wang urged critics to 'check the scoreboard' 📊 – noting that 60% of China’s EV exports went to developing countries hungry for affordable green tech. His message to Chinese firms? 'Double down on innovation, build local partnerships, and keep chasing that carbon-neutral horizon.'
As the EV race shifts into high gear, one thing’s clear: This isn’t just about cars. It’s a global tech marathon where sustainability meets smart economics – and the finish line could reshape how we all move. 🚗💨
