Summary of China rules the EV market. What does the US need to do to catch up?
Summary of China rules the EV market. What does the US need to do to catch up?
The article discusses how China has become the leader in the electric vehicle market, with a public charging network of over 10 million strong, over 100 EV brands, and a strong government-backed push for electric vehicles. The US, on the other hand, is still playing catch-up, with limited supply-chain access, lagging EV infrastructure development, and a culture that is slow to adopt electric vehicles.
quoting nevent1q…7xe2China rules the EV market. What does the US need to do to catch up?
Although China has lapped the U.S. in shifting to electric vehicles, experts say the race is just getting started. Here's what America must do to get up speed
https://www.cbsnews.com/news/ev-electric-cars-charging-china-us-competition/
The article discusses how China has become the leader in the electric vehicle market, with a public charging network of over 10 million strong, over 100 EV brands, and a strong government-backed push for electric vehicles. The US, on the other hand, is still playing catch-up, with limited supply-chain access, lagging EV infrastructure development, and a culture that is slow to adopt electric vehicles.