Will China dominate the electric car market?

 CHINA NOW POSITIONED TO DOMINATE ELECTRIC CAR PRODUCTION AND COMPONENTS

NO WESTERN COMPANY WILL BE ABLE TO OUTCOMPETE CHINA

While the world is obsessed with the Ukraine war, LGBQT+ politics and domestic political stories, China has now positioned itself to be the dominate player in electric vehicles. It is a culmination of a policy that began several years ago and is now about to come to fruition. 

China is now the dominate player in materials necessary for the production of electric vehicles. They are now the cutting edge manufacturer of rechargeable batteries. With their manufacturing agility they will render most of the worlds car manufacturers of electric vehicles uncompetitive. 

China mines much of the materials needed, but also processes most of the materials produced by other countries. While they have struggled, but are becoming more successful, in the traditional vehicle market, they have set out a policy and now are positioned to produce most of the electric cars for the world market.

Some of this is coupled with sanctions that have allowed China to make inroads in the car market in Russia and will undoubtedly be able to be able to challenge Japanese and S.Korean manufactures in other parts of the world. China is expected to be able to sell electric vehicles that will actually cost substantially less than traditional gas vehicles.

Premier electric car maker Tesla has opened its manufacturing plant in China in 2019. It took only 12 months from ground breaking to first cars rolled off line, something that could only happen in China. They are now building their most advanced battery plant that will be in production in 2024 in Shanghai. China offered Musk deals he could not refuse to build his new plants there and will give Tesla access to the Chinese market.  

China is also well positioned by its access to raw materials from Russia and also access to Russian technology, particularly in the field of nuclear electric production. Russia in now the premier engineering and manufacture of nuclear power plants and controls much of the worlds uranium resources. It can be expected that this will aid China in converting much of its domestic market to electric vehicles. 

China has been diplomatically maneuvering into positions in Asia, Africa and South America. With their competitive advantages they are well positioned to build cars in these countries and become the leading source of electric vehicles. While they will most likely not gain access to the U.S. and European markets they will render those manufactures uncompetitive in much of the worlds markets.