1、 Global Clean Investment Monitor:Electric Vehicles and Batteries June 18,2025 Energy&Climate RHODIUM GROUP|ENERGY&CLIMATE GLOBAL CLEAN INVESTMENT MONITOR 2 Authors Michael Delgado,Jessica Chan,Kate Larsen,Anne Luo,Charlotte McClintock,Mahmoud Mobir,Shweta Movalia,Abbie Olson,Hannah Pitt,Alfredo Rive

2、ra,Harold Tavarez,Yvonne Yu,Xinyu Zheng Contents INTRODUCING THE GLOBAL CLEAN INVESTMENT MONITOR 3 EXECUTIVE SUMMARY 4 DRIVING THE GLOBAL ELECTRIC VEHICLE TRANSITION 10 CHINA 19 UNITED STATES 31 EUROPE 39 COMPARING DYNAMICS AMONG CHINA,THE US,AND EUROPE 46 THE REST OF THE WORLD 52 CONCLUSION 61 METH

3、ODOLOGY 62 RHODIUM GROUP|ENERGY&CLIMATE GLOBAL CLEAN INVESTMENT MONITOR 3 Introducing the Global Clean Investment Monitor Many major economies see domestic manufacturing of clean energy and transportation technology as a powerful driver of economic growth,important to national security objectives,or

4、 necessary to sustained political support for related policies.Governments in the US,China,and Europe all provide fiscal or other policy support to spur both the manufacturing of those technologies and the demand needed to sustain domestic industries.This support improves the politics of clean energ

5、y and transportation policy domestically,expands clean technology production capacity globally,and accelerates the clean energy transition.As these industries mature,new international trade and cross-border investment tensions between major economies will emerge.Governments are increasingly concerne

6、d about the security and resilience of clean energy supply chains and the need to counter the economic influence of their competitors through trade and overseas investment.Navigating these economic and security concerns while maintaining global climate cooperation and ensuring developing countries r