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China doesn't have oil like the USA, one of their main weaknesses is the potential to be cut from their oil supply if there's a blockade on the Strait of Malacc
by piva00 2y ago
China doesn't have oil like the USA, one of their main weaknesses is the potential to be cut from their oil supply if there's a blockade on the Strait of Malacca. I think that explains a lot why ICE cars were never that attractive for indigenous development, seeing the writing on the wall and investing in EVs is a quite ingenious move.
That and their solar/nuclear capacity being rapidly developed is putting them on path to depend for oil only on very specific purposes, looking like in the next decades the main one will be for their military but if they can cut away from oil dependency for most other uses... They will be happy with being supplied by Russia, even better if the oil is kept cheap by price caps.
The USA is really looking to be deciding to get stuck on an increasingly stagnating path if it keeps getting more and more conservative and inwards-looking.
- johnea 2y agoThis sure doesn't seem to have stopped Japan from basically refusing to scale EV production. With the Nissan Leaf as the first major production EV in the world, and the Prius the first major hybrid, They have basically refused to proceed. I feel, to appease US financial and military interests. The Prius, by simply scaling the battery capacity, and adding a plug-in charger could be a very affordable plug-in hybrid. The Leaf with a little battery capacity increase could compete as a low cost EV against the typical $80K models entering the market.. Instead both of those manufacturers have cancelled those product lines.
- jdlshore 2y agoDid I miss something? The Prius Prime (Toyota’s plug-in hybrid) still seems to be on the market: https://www.toyota.com/priuspluginhybrid/ https://www.toyota.com/priuspluginhybrid/