China developed the whole ecosystem and supply chain for cars and EVs. We see it with batteries and also very recently with electronics. I think BYD supplies ba

China developed the whole ecosystem and supply chain for cars and EVs. We see it with batteries and also very recently with electronics. I think BYD supplies batteries for the Tesla plant in Berlin while also being a direct competitor... It is easy to blame "subsidies", which is calling the kettle black, but I think the main issue is the lack of industrial policy and what are effectively "degrowth" policies in European countries and the EU at large.