Summary: Just a few years ago, China’s auto sector was gearing up for the roll-out of electric vehicles. Today, few electric vehicles can be found on China’s increasingly crowded highways and city streets. What’s holding the industry back from going electric, and when will China finally live up to the hype? Nick Leung, Managing Partner of McKinsey’s Greater China Practice, discussed this topic recently with Axel Krieger, Paul Gao and Larry Wang. Axel is a Partner in Beijing who heads McKinsey’s China Auto Hub. Paul and Larry are Partners in Shanghai who co-lead the Automotive Practice.
