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China dominates global wind energy and electric vehicle markets
China is significantly reshaping the global energy landscape through its dominance in both wind energy and electric vehicle (EV) production. In 2025, China accounted for 77% of new global wind energy installations, following a period where it held 58% of the market in 2022. This rapid expansion is supported by a powerful manufacturing sector capable of mass-producing turbines and infrastructure. Global cumulative wind capacity has reached 1,299 gigawatts, with a trajectory toward reaching the second terawatt by 2029.
Simultaneously, the global electric vehicle market has reached a historic milestone, with annual sales exceeding 20 million units in 2025. China maintains an industrial near-monopoly, producing approximately 75% of the world's EVs. In many regions outside the US and Europe, such as the Middle East, Africa, and Latin America, Chinese EV imports account for over 80% of local market shares. This transition is directly impacting fossil fuel consumption; the global EV fleet saved approximately 1.7 million barrels of oil per day in 2025, with China alone accounting for a reduction of one million barrels daily.