• betanumerus@lemmy.ca
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    1 day ago

    The US and its O&G and car industries absolutely let China become the main manufacturer of batteries and EVs.

    Like Exxon, the US knew electrification was the future because of climate change, but tried to dismiss it. China seized the opportunity like a true capitalist, while the US government interefered with the free market to hinder electrification. This has been going on for over 20 years now.

    • gian
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      1 hour ago

      China seized the opportunity like a true capitalist, while the US government interefered with the free market to hinder electrification.

      Except that also China interefered with the market, just in a different way

      • betanumerus@lemmy.ca
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        32 minutes ago

        China subsidies electrification while the US subsidized fossil fuels. Both interfere, but the US in a way that further accelerates global warming.