Thursday
November 14
2024

How China Is Poised to Dominate the ‘Electric Donkey’ Industry

By Xiaoying You

In Washington, Brussels, and elsewhere, Western policymakers have been laser-focused on the threat to automotive jobs from Chinese carmakers, whose hybrids and battery-powered vehicles are racing ahead of competitors from the US and Europe. Meanwhile, Chinese companies have been strengthening another, lower-profile EV sector in their home market — and now they are looking to extend that dominance worldwide.

Photo courtesy of Markus Winkler.

Source: Semafor (link opens in a new window)

Categories
Energy, Transportation
Tags
electric vehicles, employment, manufacturing