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Africa – China: The race to source EV battery metals

Eric Olander
By Eric Olander

Managing Editor, The China Africa Project

Posted on Friday, 19 November 2021 18:29, updated on Monday, 22 November 2021 12:17

More than 100 E-QM5 electric vehicles of Hongqi New Energy are parked in Changchun, Jilin Province, China, November 11, 2021. (Photo by Luo Hao / Costfoto/Sipa USA)/

Chinese automakers smashed another monthly record for production and sales of electric vehicles in October.

Car companies produced just under 400,000 vehicles last month, up 133% from the same time last year and almost 10% from September, according to new data from the Chinese Automotive Manufacturers Association.

Even amid the ongoing economic turbulence in China brought on in part by the Covid-19 pandemic, EV sales have surged this year by a stunning 177%. Two and a half million units rolled off the lot in the January to October period, accounting for 12% of all cars sold in the country.