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The "shock" expressed by Western journalists when they realize that China doesn't care too much about the US or the EU is silly. China's population is twice as
by jerlam 2y ago
The "shock" expressed by Western journalists when they realize that China doesn't care too much about the US or the EU is silly. China's population is twice as large as the US and the EU combined; their domestic market, just like ours, will choose practical options that are locally designed and manufactured for their needs over foreign ones that come with import taxes and accusations of unpatriotism.
- ggm 2y agoBattery innovation coming out of CATL is interesting for everyone. We're used to decrying Chinese disregard for IPR in the ICT sector but I haven't heard or read anything to say their new high power, large MWh, fast charging, low fire risk sodium battery is based on "stolen" technology. If they can exceed 600km and get 80% recharge in under 10 minutes then range anxiety and time at the pump fears will go away. Their sales talk says 1000km and 5 minutes recharge, I think to 60%. Allowing for hyperbole I think this may be net beneficial, for some people who currently won't buy EV. Much depends on price, reliability, safety and range.
- toomuchtodo 2y agohttps://www.ft.com/content/b255d7b9-88f6-4481-a3a6-87542d2b728b https://www.ft.com/content/b255d7b9-88f6-4481-a3a6-87542d2b7... | https://archive.today/eC5Pp https://archive.today/eC5Pp ("Financial Times: Zombie car factories on the rise in China as buyers opt for EVs") https://www.arenaev.com/chinese_ev_car_sales_surpass_50_for_the_first_time_ever-news-3445.php https://www.arenaev.com/chinese_ev_car_sales_surpass_50_for_... ("Chinese EV car sales exceed 50% for the first time ever")
- quantified 2y agoPicking a nit: Europe's population is around 740MM, USA's is around 340MM, for around 1080MM. So China's a bit less than double that.
- NonEUCitizen 2y agoHe mentioned EU, not Europe, so the number is less than the 740M you used. But yes, China's population would still be less than double US+EU's.