Chinese companies are advancing in the electric vehicle (EV) market with the commercialization of sodium-ion-powered EVs and batteries, outpacing Western rivals who lack equivalent technologies. According to Steve Levine, while Western companies cautiously ponder, tinker, and test, Chinese firms rapidly transition from R&D to full-scale production, embracing the risk of failure. This development echoes the past rise of Japanese and South Korean cars. Volkswagen's efforts to develop a solid-state electric car battery with U.S. startup QuantumScape have faced delays, prompting a search for alternative solutions to this game-changing technology. The Economist argues for open Western markets to cheap, clean Chinese EVs, predicting that by 2030 China could double its global car market share. Fastned expects to benefit from the entry of cheaper Chinese EVs into Europe, even as Brussels seeks to fend off their influx.
Fastned, a Dutch developer of electric-vehicle charging stations, says it’s poised to benefit from cheaper Chinese models coming to Europe this year even as Brussels seeks to fend off their influx https://t.co/suV3le1YDA
Chinese propaganda accounts are out in droves sharing @TheEconomist covers. They are betting that you don't read the actual article which advocates the West should welcome the Chinese made electric cars https://t.co/ImYujm1eIN https://t.co/gLmyUjd3tP
Volkswagen, whose drive to develop a 'solid-state' electric car battery with US startup QuantumScape has been dogged by delays, is casting its net wider in pursuit of the potentially game-changing technology https://t.co/3CcVTPdeCW
VW turns to another solid-state battery maker after delays with QuantumScape https://t.co/hZOjjwgyCp
Of course The Economist wants China to take over the auto industry. https://t.co/l0IbvStRUW
By 2030 China could double its share of the global car market, ending the dominance of the West’s national champions. The temptation among other countries will be to lock out its vehicles. That would be a mistake https://t.co/dSoIWWxUJb 👇
Solid state: EV giants chase 'holy grail' of batteries https://t.co/9Hskzkt20g https://t.co/x2vizmdQPy
Volkswagen and rivals plug away at solid-state battery puzzle https://t.co/7z39IVqnNh https://t.co/N35b9gXeqS
Volkswagen, whose drive to develop a ‘solid-state’ electric car battery with US startup QuantumScape has been dogged by delays, is casting its net wider in pursuit of the potentially game-changing technology https://t.co/Uaj4LYxNBE
Volkswagen, whose drive to develop a ‘solid-state’ electric car battery with US startup QuantumScape has been dogged by delays, is casting its net wider in pursuit of the potentially game-changing technology. More here: https://t.co/rqVajRPmtv
⚠️ FACTBOX-SOLID STATE: EV GIANTS CHASE 'HOLY GRAIL' OF BATTERIES (Reuters) Solid-state batteries hold the promise of more energy storage, longer driving ranges and faster charging for next-generation electric vehicles. Yet despite decades of research and billions of dollars… https://t.co/eEso2azWTH
⚠️ VOLKSWAGEN AND RIVALS PLUG AWAY AT SOLID-STATE BATTERY PUZZLE (Reuters) Volkswagen, whose drive to develop a "solid-state" electric car battery with U.S. startup QuantumScape has been dogged by delays, is casting its net wider in pursuit of the potentially game-changing… https://t.co/bvKLlUQ9ht
An influx of Chinese cars is terrifying the West. But it should keep its markets open to cheap, clean vehicles—especially snazzy, whizzy and cheap electric models https://t.co/BSxWhLOd34 👇
Western carmakers’ expertise making internal-combustion engines counts for little in the electrical age. It seems all but certain that Chinese EVs will become a big presence on the world’s roads, just as Japanese and South Korean cars did before them https://t.co/Utvarshv1M
‘While Western companies ponder, tinker and test, Chinese companies have a pattern of moving rapidly from research and development to full-scale production, more willing than their Western counterparts to risk failure.’ Interested in clean energy storage? Follow @stevelevine https://t.co/61FdCHf83j
The Electric: Again Eclipsing the West? Chinese companies have raced ahead with the commercialization of sodium-ion—powered EVs and batteries. Western rivals have no equivalent batteries. https://t.co/FdA7hsypJP From @stevelevine.