How China Beat the US in Electric Vehicles | Issues in Science and Technology

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For 20 years, China’s government has pursued industrial policies that helped it become the world’s biggest producer of electric vehicles. Can the United States catch up? The rise of China has been the defining feature of the twenty-first century global economy. In a globalizing marketplace, China’s low-cost labor became a huge attractor of foreign direct investment. This advantage, combined with a growing domestic market, increasing technological know-how, and world-class infrastructure suitable for shipping goods anywhere in the world, made China “the world’s factory.” The benefits of China’s rise for the United States have been enormous. China was the 11th largest US export market in 2000; today it is the 3rd largest. About 2.6 million US jobs and $216 billion in US gross domestic product are linked directly and indirectly to the US-China economic relationship. What is the right mix of domestic policy and international engagement for meeting the challenge that China presents to the U

How China Beat the US in Electric Vehicle Manufacturing By John D. Graham , Keith B. Belton , Suri Xia For 20 years, China’s government has pursued industrial policies that helped it become the world’s biggest producer of electric vehicles. Can the United States catch up? The rise of China has been the defining feature of the twenty-first century global economy. In a globalizing marketplace, China’s low-cost labor became a huge attractor of foreign direct investment. This advantage, combined with a growing domestic market, increasing technological know-how, and world-class infrastr

How China Beat the US in Electric Vehicles | Issues in Science and Technology

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