China Wins the EV Price War

China just beat the U.S. in the EV race: electric cars are now cheaper than gas-powered ones. How did they do it? Intense competition and government support. Meanwhile, American automakers are still struggling to catch up, losing money on EVs despite big investments. Tariffs protect them for now, but could stifle innovation. Will the U.S. change its policies to close the gap, or fall further behind? Hosted on Acast. See acast.com/privacy for more information.