Foreign Media: Can China's Electric Vehicle Industry Advantage Become a Key Leverage in Geopolitical Tech Rivalry?
Several analysts have pointed out that China's dominant position in the global electric vehicle (EV) industry could, in the future, be more extensively leveraged to exert geopolitical influence, thereby imposing greater constraints on countries dependent on China for related technologies and supply chains.
In a panel discussion hosted by the Asia Society Policy Institute (ASPI), Michael Dunn, CEO of industry consultancy Dunne Insights, stated that unlike the competitive strategies adopted by other nations, China’s approach is "aimed at achieving overwhelming dominance within the industry, controlling the entire value chain, and ultimately transforming this control into bargaining leverage."
As domestic Chinese auto market growth slows, local automakers are intensifying their overseas expansion. In June this year, China’s monthly automobile exports surpassed 1 million units for the first time, with annual export volumes projected to reach approximately 12 million units. The rapid global rollout of Chinese electric and hybrid vehicles—known for their competitive pricing and high quality—has raised concerns among many countries regarding alleged "overcapacity" from China. While these countries often attribute the issue to government subsidies, China has denied such claims.
Original Article: toutiao.com/article/1872134622848012/
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