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

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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 on a ship 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 vehicles (ZEVs) 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.”

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