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The US auto industry is in big trouble. China now makes 75 percent of all electric vehicles sold anywhere on earth. US automakers make around 5 percent. (www.nytimes.com)
submitted 2 months ago* (last edited 2 months ago) by to c/mildlyinteresting@lemmy.world
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[–] 7 points 2 months ago (3 children)

So basically China is winning this particular war because they're doing it smartly.

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  • [–] 7 points 2 months ago (1 child)

    China tends to take a 1000 year perspective on things..

    In the west we can hardly think 3 months ahead of the present moment.

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  • [–] 1 point 2 months ago

    But they also tend to push forward with a decisions long after it's clear there needs to be a change, only to drastically turn the wheel from one day to the other. For example the one child policy and zero covid.

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