China has won the EV war It looks like we have a winner. China, as it has done with solar panels, wind turbines, and even battery storage, not to mention battery metals, has already been declared the winner of the electric vehicle manufacturing wars. And the realisation is having a big impact on what companies like Ford, GM and even Tesla do next.
“We believe that Western auto firms (including Tesla) have come to a unanimous and simultaneous realization: China has won the contest for EV supremacy,” writes the Morgan Stanley auto analyst Adam Jonas in a new note to clients.
https://thedriven.io/2024/05/07/china-has-won-the-ev-war-and-us-car-makers-are-changing-their-electric-plans/