Rhodium Group @rhg.com · Mar 19 In 2025 there was a slowdown in global investment in clean technology manufacturing, totaling $155 billion, a 40% decline from peak levels in 2023. China saw a 70% decline in 2025 from peak levels in 2023, in response to severe overcapacity. There were also declines in the US and Europe.
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But clean tech manufacturing investment saw some growth outside of China, the US, and Europe. In India, manufacturing investments have risen rapidly since 2021, reaching $11.4 bn in 2025, a 17% increase from 2024. Turkey, Indonesia, South Korea, Canada, and others also represent a widening footprint