What happened to the electric car revolution?

China is often characterised as a copycat when it comes to industry and technology but in one way it has proved to be a pioneer. It was China which saw the first boom in electric cars – and it was China that was the first to suffer when demand for them collapsed. The vast graveyards of unsold vehicles found in Hangzhou and other Chinese cities are the result of a huge, subsidised push to manufacture electric vehicles, demand for which has never caught up with supply. Ride-share services bought the vehicles– in a rerun of the great cycle-share fiasco of 2018, which led to piles of unused and unwanted bikes. But private buyers have been notably less keen.

Where China leads, the rest of the world seems doomed to follow. With China’s manufacturers struggling to sell their electric cars at home, last year they started shipping them in large numbers to Europe – where many are now accumulating in ports at Rotterdam and Antwerp.