China Business & Economy
Opinion

Vast Majority of Chinese Electric Vehicle Makers Unlikely to Survive Past 2030, Report Says

A new annual report by global consulting firm AlixPartners forecasts that only 15 of China’s nearly 130 ZEV makers may survive beyond 2030.
Vast Majority of Chinese Electric Vehicle Makers Unlikely to Survive Past 2030, Report Says
Security officers watch an XPeng X9 electric vehicle being loaded onto a ship bound for Thailand in Guangzhou, China, on Feb. 22, 2025. Pedro Pardo/AFP via Getty Images
Panos Mourdoukoutas
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News Analysis
In an increasingly overcrowded Chinese zero emission vehicle (ZEV) market, only a handful of companies will survive the destructive forces of competition and remain by 2030, according to a new annual Global Automotive Outlook report by global consulting firm AlixPartners.
Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”