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“As a late-comer to auto production, China would have a hard time catching up and becoming a major competitor in the global market for conventional cars. But the electric car is a new game, and there are not big established EV players. Rapid growth of the national EV industry would deliver not only jobs domestically but also the platform to become a formidable exporter and a major forrce in the global auto industry.” — Daniel Yergin
As a late-comer to auto production, China would have a hard time catching up and becoming a major competitor in the global market for conventional cars. But the electric car is a new game, and there are not big established EV players. Rapid growth of the national EV industry would deliver not only jobs domestically but also the platform to become a formidable exporter and a major forrce in the global auto industry.