How did the Chinese automaker become such a dominant force in the EV industry? And, perhaps more importantly, can it stay that way?
If you had to pinpoint the moment the global automotive landscape shifted, when its center of gravity settled on China for the first time, a good guess would be March 29, 2020 — the day the Chinese automaker BYD Auto introduced its Blade battery.
Given the timing — in the early and chaotic days of the pandemic — not many observers took full stock of the Blade. And something as technical as a more efficient battery design could hardly compete with the subsequent headlines about the
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Washington’s $370 billion Inflation Reduction Act was seen as a generational opportunity for miners in the U.S. as well as mineral rich trading partners. But almost two years later, the North American mining industry is in crisis and no closer to chipping away at China's dominance. What went wrong?
The academic explains why we need to look beyond the actions of the Chinese government to understand how and why China is shaping countries in the region.
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