3 ms·
> It's a mistake to compare the US and China's decisions like-for-like, because they're two countries with very different strategic situations and thus opportun
by seanmcdirmid 2y ago
> It's a mistake to compare the US and China's decisions like-for-like, because they're two countries with very different strategic situations and thus opportunities
China is making a huge push into EVs because they don't want to be subject to the whims of Middle Eastern instability (and do not produce any significant amount of oil on their own). America, in contrast, has much more interest in oil since they produce a lot of it on their own, and their EV uptake is slower, with lots of resistance from conservatives (who want to see oil persevere as a strategic commodity due to financial self interest).
China could really be in a much better place a decade or two from now given their constraints. We still have a lot of advantages, but they are quickly eroding due to pigheaded politics.