Its simple. Now that China is in the lead, do what China did to the west. If you want access to the markets you have to build a plant in the US and share IP. That’s why the EU just proposed to China’s EV manufacturers.
It’s good for everyone. Consumers get cheap batteries, China gets Western Markets, and Western companies get Chinese technology to drive the next wave of competition.
Its simple. Now that China is in the lead, do what China did to the west. If you want access to the markets you have to build a plant in the US and share IP. That’s why the EU just proposed to China’s EV manufacturers.
It’s good for everyone. Consumers get cheap batteries, China gets Western Markets, and Western companies get Chinese technology to drive the next wave of competition.