US won’t ever lead in EVs because it’s the largest producer of oil in the world. The government has incentives to keep ICE as long as possible, thus, hard to be competitive in EVs over the long run.
China meanwhile, is trying its hardest to remove its dependency on foreign oil.
Europe’s incentives are more aligned with China’s.
China meanwhile, is trying its hardest to remove its dependency on foreign oil.
Europe’s incentives are more aligned with China’s.