EV Market: China Extends Gap Over USA
Quote from Ndubuisi Ekekwe on October 1, 2020, 2:50 PMFrom Securing America’s Future Energy (SAFE) [PDF] as it discusses threat of China EV ambitions towards US auto, transportation and natural security domains. The summary: "China’s success in the automotive sector, especially as EVs gain greater market share, puts the United States at a severe competitive disadvantage, and likely means that both new investments and jobs will gravitate toward China instead of the United States."
Looking at the table, the gap is widening and China is leaping ahead. The first mass scale EV vehicle in Nigeria would likely be Chinese. Yes, Toyota, Honda and Peugeot of the future would be Chinese brands.
From Securing America’s Future Energy (SAFE) [PDF] as it discusses threat of China EV ambitions towards US auto, transportation and natural security domains. The summary: "China’s success in the automotive sector, especially as EVs gain greater market share, puts the United States at a severe competitive disadvantage, and likely means that both new investments and jobs will gravitate toward China instead of the United States."
Looking at the table, the gap is widening and China is leaping ahead. The first mass scale EV vehicle in Nigeria would likely be Chinese. Yes, Toyota, Honda and Peugeot of the future would be Chinese brands.
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