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In Depth: Zero Covid Slams the Brakes on China’s Electric Car Industry

By Yu Cong, Lu Yutong, and Manyun Zou
2022年05月13日 16:38
Lockdowns have disrupted manufacturing and hurt consumer confidence, while surging material costs have taken a bite out of margins
A Chery new energy vehicle production workshop in Wuhu, East China's Anhui province, on May 19, 2021. Photo: VCG

China’s electric vehicle (EV) sector has hit the skids.

After a year of blockbuster growth, the world’s largest EV market is being hobbled by measures to curb China’s worst Covid wave since early 2020. They’ve disrupted production and sales around the country, including in the major hubs of Shanghai, Guangzhou, and Shenzhen.

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