To make all those charging stations and EVs they need the rare earth metals at low cost. China controls the entire supply chain for rare earth metals, from mining, transport, to processing, and production. The chances that the US or EU can build that entire supply chain within 10 years is not only expensive but neigh impossible. And the idea that they could do that at low enough cost to actually compete with the Chinese is ludicrous.
@@McJunior-n2kCompetition and reducing import dependency are closely related. If you want to reduce imports, your locally produced products have to outcompete foreign products. You can produce locally all you want, but if your stuff are crap or way too expensive, nobody (not even your local population) will buy them. Western governments know that they can't compete with Chinese EVs, so they have to make Chinese EVs less competitive with tariffs otherwise even Americans wouldn't buy locally produced EVs.
Hundreds of EV companies from various provinces and cities in China are locked in fierce competition. This intense internal rivalry ensures that only the most successful will emerge to compete on the global stage.
EV is not just the product of companies or R&D. EV is really an element in the energy system : power generation, regional distribution, local grid, utility energy pricing, urban planning (parking sapces), all the way to gov't policy in trade and supply links to critical and commodity minerals, support of industrial eco system ... The EV or it adoption cannot be understood in isolation as an object you buy online or in a store.
@@fritzcervz6945 what are the data points on that? Do you have more charges than the tesla charger stations usa has installed everywhere? what about power plants capacity? transmission capacity? most of America is seperate homes with driveway for your own charger/parking? how about the interstae highways we installed decades ago? do you know what you are writing, or are you a dummy just typing meaninless words? how about repair shops?
@EricMegens the U.S. and Europe always have dirty business tricks, when they’re doing well and ahead of Techonology, they always talk about free trade, when they’re behind and losing on trade and technology, they will complain overcapacity, sanctions and tariffs
The car is only the carrier of energy, the most important thing is that China's electric energy is far ahead of any country in the world, electric energy in China is almost cheap to only five cents or ten cents, thanks to China's layout of nuclear energy, the world's largest wind energy, the world's largest solar energy, the world's largest hydroelectric power, geothermal power generation.