Follow the money: How China gained the competitive edge in EVs

Think of an electric vehicle, and you'll probably imagine a Tesla. But China is the world's biggest EV exporter, despite being largely shut out of the US market. How has the country seemingly come from nowhere to dominate the world of electric mobility and how can its Evs be made so cheap?

Presenter: Felicity Hannah

Producer: Josh Martin

(Photo: A man looks inside the Changan Deepal S05 REEV during a press conference for the unveiling of the Chinese model at the WesBank Festival of Motoring in Johannesburg, South Africa, August 27, 2026. Picture taken with a mobile phone. REUTERS/Nqobile Dludla)