Geopolitics Stymie the Rise of Affordable Chinese EVs in America The Layman Speaks · Follow 2 min read · Just now Just now -- SharePhoto by Karsten Winegeart on UnsplashAs the global transition to electric vehicles (EVs) continues accelerating, accessibility remains a key hurdle for mass adoption in many markets. Nowhere is this truer than in the United States, where regulatory barriers virtually block the entry of lower-cost Chinese EVs that are proliferating overseas according to a recent Wall Street Journal report. Early Chinese industry leaders like BYD have sold millions of EVs globally, gaining valuable experience refined over a decade of research and mass production. Looking beyond short-term impacts, barring Chinese companies also risks damaging potential for research collaboration that could accelerate EV development. Isolating a major global industry force denies opportunity for cross-pollination of ideas that energize whole sectors.

Source: Wall Street Journal November 25, 2023 09:49 UTC