China supplies the world with polluting cars - "Cleansing" the country from fossil fuels after the boom in electric vehicles
China’s electric vehicle industry has captured half of its domestic market in just a few years, undercutting once-dominant global automakers’ sales of gasoline-powered vehicles. But foreign companies weren’t the only losers. Many Chinese automakers also saw their sales plummet — and responded by flooding the world with fossil-fueled vehicles they couldn’t sell at home.
While Western policymakers have focused on the threat of China’s heavily subsidized electric vehicles, protecting their markets with tariffs, American and European carmakers face increased competition from Chinese fuel consumers from Poland to South Africa to Uruguay. Fossil-fueled vehicles have accounted for 76% of Chinese auto exports as of 2020, and total annual shipments rose from 1 million to possibly more than 6.5 million this year.
A study finds that the boom in gasoline-powered car exports has been fueled by the same subsidies and policies for electric vehicles that have devastated the Chinese businesses of automakers including VW, GM and Nissan, propping up dozens of Chinese electric vehicle makers and sparking a destructive price war. The phenomenon highlights the broad implications of Chinese industrial policy as foreign competitors struggle to keep pace with government-backed firms pursuing Beijing’s ambitions to dominate critical sectors domestically and globally.
China's gasoline vehicle exports alone - not including electric vehicles and plug-in hybrids - were enough last year to make it the world's largest auto exporting nation by volume, industry and government data show.
The influx of Chinese gasoline cars into emerging and second-tier markets reflects a clash between Beijing's current push for electric vehicles and older policies that built China's domestic gasoline vehicle industry by leveraging technology from foreign automakers.
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