Summary
China has become the world’s largest car exporter by dominating electric vehicle (EV) production, surpassing traditional carmakers in Europe, Japan, and the U.S.
This shift stems from China’s heavy investment in battery technology, supply chains, and generous subsidies, enabling it to produce cheaper EVs, like the BYD Seal, compared to Western competitors.
Europe and America, reliant on outdated internal combustion engine expertise, have struggled to adapt to this disruptive innovation.
Many nations are imposing tariffs on Chinese EVs, but without robust domestic battery infrastructure, Western car industries face mounting challenges as the EV transition accelerates.
I’m so done with American automakers. Politicians want a free and open market but pass protectionism and subsidies for their corrupt buddies in the industry. Chinese companies simply leveraged their assets and knowledge to make good EVs while their American counterparts only cared about using whatever cash infusions they received from the government for their own personal gain. If you disagree, just know that the upcoming administration is full of oligarchs who will try to regulate their way into monopolies through tariffs, legislation, judicial review, and the dismantling of important governmental agencies.