China relied on electric cars decades ago and now harvests the fruits
China relied on electric cars decades ago and now harvests the fruits
The streets of Beijings have changed dramatically in just a few years. The loud, uncomfortable traffic noise was replaced by an unusual calm that you would hardly wait in a mega city. The streets are now shaped by a variety of mainly electrical vehicles stand out.
a silent revolution in China
This is not just a phenomenon of Beijings. For visitors who come from countries where petrol -powered cars dominate, the silence in many of the big cities in China will be the first impression, said Li Shuo, director of the China Climate Hub at the Asia Society Policy Institute. "It's like going into the future," he told CNN.
Incredible growth figures in the e-mobility sector
The growth figures in the area of electromobility (EV) in China are exceptional. more than half of the newly sold cars are electrical China's automotive market takes a course that could almost end the petrol -powered vehicles in the coming decades. Last year, the sales figures of e-vehicles in China China's revolution in the electric vehicles consolidates its Climate parlor, while the Trump government increasingly relies on climate-damaging fossil fuels and demonizes clean energy. This also has an impact on the oil markets. Analysts forecast that oil demand in China may reach its peak, which is transferred from increasing to falling demand. The consequences of this development are considerable, says Lauri Myllyvirta, co -founder of the Center for Research on Energy and Clean Air. The roots of the e-mobility boom in China go back almost two decades. The traditional automobile manufacturers in the United States, Japan and Europe had a “big lead” in the area of petrol -powered vehicles that it seemed unlikely that China ever caught up, said Shuo. Electric vehicles offered the chance to dominate a new market, and also the possibility of ensuring energy safety. In contrast to the fossil fuels, the USA was heavily dependent on imported oil. This dependence represents a potential "geopolitical risk", explained Ilaria Mazzocco, expert in Chinese climate policy at the Center for Strategic and International Studies. The advantage of electric vehicles is that they can be operated with the domestic electricity available in China. The Chinese government began to take serious measures to promote electric vehicles around 2009 by offering manufacturers of favorable loans and funding for research. It was "a pretty big bet," said Mazzocco, and the path was not easy. A few years later, it was considered "a kind of failure". But in the end this bet paid off, thanks to a combination of constant support of the city and central government in China, progress in battery technology and a variety of highly competing companies, including Teslas main competitor , the chinese-based company byd. The country can now look back on a robust charging infrastructure and a variety of expertise in electromobility, including technologies and materials. It produces large quantities of cheap electric vehicles that are actually in demand, says Myllyvirta. In contrast, the economic basis for electric vehicles in the USA without subsidies is weaker because gasoline is "extraordinarily cheap" and Americans prefer large vehicles. china's progress in electrifying mobility - including a comprehensive high -speed rail network - brakes the previously rapidly increased oil consumption. The gasoline consumption fell by about 1 % in 2024 and is likely to fall faster this year, even if the income of people is increasing and vehicle ownership increases, according to Ciarán Healy, analyst for the oil market at the International Energy Agency (IEA). "This is exceptional for a country with China's economic profile," he said to Cnn. The IEA predicts that global oil demand will stagnate at the end of this decade and will decrease from the 2030s, with electric vehicles playing an essential role in this downward trend. While countries like India increase their oil consumption, "it doesn't seem to give anyone who can replace China in this regard," said Erica Downs, Senior Research Scholar at the Center on Global Energy Policy from Columbia University Sipa. The e-mobility revolution in China brings the country to a clean energy future. Nevertheless, the proportion of coal in electricity production that drives the electric vehicles remains high. Even with this carbon-intensive power grid, an electric vehicle produces less climate-damaging exhaust gases than a gasoline-powered vehicle over the course of its lifespan. The effects are significantly lower the further china in the area of renewable energies, while rhodium predicts a decline in carbon emissions of the Chinese power supply by 60 % by 2040. "These numbers are enormous," said Larsen from Rhodium. to 2040 E-vehicles could already make up 100 % of the cars newly sold in China. "This creates the prerequisites for a rapid decline in emissions in the transport sector," she said. However, there are many uncertainties regarding future oil demand, both within China and global. However, experts agree that China's quick increase in e-mobility is a profound change, which could end the role of the country as the motor of global oil demand and redefine its position on the international parquet. leadership role in clean technology
a risky but worthwhile undertaking
The way to success
positive developments in the global markets
The effects on oil demand
a global change in energy supply
a fresh start in the fight against climate change
conclusion
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