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this post was submitted on 01 Jun 2024
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Electric Vehicles including hybrids and plug-ins
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I've been to china many times and sorta agree with the title. They are disrupting the industry in the way iPhone unseated Nokia.
What do people in China drive?
Bunch of Chinese brands like BYD, but also Tesla is really popular. Some of the models of electric cars cost just a few thousand dollars. For those who can't afford or don't needs cars, the motorcycles and scooters are all electric. The buses are electric. Delivery trucks are mostly still gas powered. Charging stations are ubiquitous.
So their supply chains, manufacturers, city planners, and infrastructure are all way ahead, and they are gaining experience and getting cheaper/better by the day.