Biden Administration Is Said to Slow Early Stage of Shift to Electric Cars::The change to planned rules was an election-year concession to labor unions and auto executives, according to people familiar with the plan.
Biden Administration Is Said to Slow Early Stage of Shift to Electric Cars::The change to planned rules was an election-year concession to labor unions and auto executives, according to people familiar with the plan.
They just announced that’s the plan actually
https://www.reuters.com/business/autos-transportation/chinas-byd-plans-new-electric-vehicle-plant-mexico-says-nikkei-2024-02-13/
it sounds like maybe they should, idk? work on making their own garbage cheaper then? that soley sounds like a competition problem not a consumer problem. As long as the cars meet US safety standards for manufactoror I embrace the competition
The geopolitical calculus here is about manufacturing.
If China owns EV production lines, that gives them the drone advantage in the next war, as the Li-ion battery is the hard thing to make in a drone.
If USA has EV lines, even if it’s more expensive, we have the resources to make drones as well. (Or Li-ion batteries in other useful weapons).
Ceeding the military advantage to the Chinese for some cheap consumer goods is a bad tradeoff, especially as China is building a Navy to fight us in Taiwan.
Li-ion cells, computers, solar panels… all of these are american inventions that capitalist entities moved to China to maximize profits.
Japan did it. Korea did it. China is doing it.