The following article, written by Paweł Wargan for Progressive International, examines the neverending accusations by Western media and politicians regarding China’s putative ‘overcapacity’ in electric vehicles (EVs). Paweł explores the reasons for these accusations, and comprehensively refutes them. The article observes that China’s industrial utilisation rates and inventory levels are similar to those of the … Continue reading “Nothing like before” — China is out-competing the West on EVs
The West: we can’t preemptively build infrastructure, the market needs to lead
Also the West: Let’s severely slow down adoption of these key technologies, that will show those mendacious Asiatics.
Meanwhile: EV infra continues to fall behind leading to even slower adoption, leading to weaker innovation