The global net zero transition has a supply chain, and it runs through China.
This is not a geopolitical talking point — it is the operating reality of the fastest energy shift in human history.
China now produces around 80 percent of the world’s solar panels, 80 percent of lithium-ion battery cells, 70 percent of EVs and more than 90 percent of heavy electric trucks as well as other green tech. This acceleration in clean tech is following Wrights Law, with dramatic global impact.
Between 2019 and 2025, Chinese companies accounted for 55 percent of the world’s total US$1.1 trillion in clean energy manufacturing investment. In March alone, China’s exports of solar, batteries and EVs reached a record $26 billion — up 70 percent on the same month the year before — as attacks on Iran and closure of the Strait of Hormuz triggered the world’s fourth oil crisis and drove a global scramble for energy alternatives.
The global EV fleet displaced 1.8 million barrels of oil per day in 2025, equivalent to 13 percent of US crude production.
