Connect with us

Hi, what are you looking for?

Opinion

China Grabs Even Larger Shares of Electric Vehicle

Photo Illustration Car lot via PixaBay License

In an alarming development, China is leading all other countries in 19 critical high-tech fields.

While U.S. companies are more concerned with going “woke,” it appears our competitors abroad are making significant advancements in science and technology.

In comparison, the United States only leads in four categories. This data has been compiled and analyzed by the Australian Strategic Policy Institute (ASPI).

Specifically, China is leading in key military sciences, including “hypersonic weapons.” The country also reportedly holds more significant advancements in “green” technologies such as electric vehicles and battery production.

China is “steadily increasing its already dominant market position,” the report found.

Between 2018 and 2022, China has contributed significantly to 80% of 2.2 million published academic papers.

Tesla is the single biggest company in the EV space, but Chinese companies are controlling a bigger combined share.

Tesla controls 18.9% of the market, but three Chinese companies hold a combined share of 27.7%

Four of the top five producers of insulators for lithium-ion batteries are Chinese companies.

It appears that the United States is falling far behind in its research, development, and expertise and various critical high-tech fields.

You May Also Like

Politics

President Joe Biden delivered a speech during the signing ceremony of a proclamation to establish the “Emmett Till and Mamie Till-Mobley National Monument” in...

Politics

The ex-husband of First Lady Jill Biden is speaking out about serious concerns with “the Biden crime family.” Delaware businessman Bill Stevenson sat down...

Politics

Joe Biden’s 2020 presidential campaign repeatedly insisted that he had no involvement in his son Hunter’s overseas business dealings. “I have never spoken to...

U.S. News

A 911 call was made from former President Barack Obama’s Martha’s Vineyard estate after a 45-year-old man struggled for his life. Just yards away...