Is the US Ready as China’s EV Industry Seeks to Dominate Global Markets?
The just-concluded Shanghai Auto Show 2025 showcased China's incredible advancements in battery electric vehicle technology. While most governments in the West have been relatively slow to adopt EVs, Beijing began pumping tens of billions of dollars in subsidies into the domestic electric vehicle sector well over a decade ago, giving its industry a major head start over carmakers in other markets. As a result, China has surpassed the U.S. and Europe to become the largest electric vehicle market on the globe. Its gargantuan population provides a massive market for its homegrown electric cars, and unlike Western carmakers, Chinese vehicle companies…
