Not only does the People’s Republic of China (PRC) produce two-thirds of the lithium batteries needed for EVs worldwide, but it has also developed technology that can recharge an EV in 15 minutes. I’m not sure what the fastest charging time is in the U.S., but whenever I drive by a charging station near my home, the Teslas are parked there for hours recharging.
This, of course, says nothing about how far ahead China is in producing sexy, drivable EVs, such as the Xiaomi EV illustrated above. The CEO of Ford ventured over there to drive some Chinese EVs and came bcck extolling their superiority to U.S. EVs.
“It’s the most humbling thing I’ve ever seen,” said Ford CEO Jim Farley after touring Chinese car factories and driving their vehicles. “They have far superior in-vehicle technology.” He described Chinese EVs as “smatphones on wheels.”
While we fight wars, China builds its economic superiority over the U.S. Can’t go on like this forever.
