re: #66 FFL (GOP Delenda Est)

Traditional automakers have been pulling back recently on EV investment mainly due to shareholders and board members screaming about short term profits and the heavy investments and general disruption going EV means.

This has left China totally in the driver’s seat as overall sales in China of EVs approaches 50%. This is incredible. Chinese EVs are rapidly becoming kilometers ahead of anyone else on the planet in regard to battery and functional technology. The West and Japan are essentially handing over the long term ground transportation industry to China. The average American is totally unaware of how far ahead Chinese battery development is and how fast Chinese carmakers are advancing month by month in an all-out EV war going on inside the country right now. Already premium makes like Porsche and Mercedes are seeing rapid declines in sales simply because they can no longer compete with upstart Chinese brands on any metric other than cache. But even this is quickly eroding.