Commentary
Since 2020, China’s electric vehicle makers have been on a streak.
Other vehicle manufacturers are starting to look nervously in their rear-view mirrors, err … cameras, and in some cases, side-views. Some, like Volvo, are even looking at their stock and realizing that a Chinese competitor has already bought a controlling share.
Is China’s growing EV dominance an example of the so-called cooperation with China on global challenges like climate warming? Does the Biden administration deserve to ballyhoo it all as another shining example of U.S.-China cooperation?
No. Beijing is the world’s worst polluter and an existential threat to democracy. It uses its weak environmental regulations and lousy labor policies to outcompete U.S. car manufacturers on price. Every dollar that China makes can be turned by Beijing into military aggression and human rights abuse, up to and including genocide….