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© 2021 AFPChina tech stampede into electric cars sparks auto sector buzz
By Dan Martin SHANGHAI©2024 GPlusMedia Inc.
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© 2021 AFP
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Desert Tortoise
And a down vote for telling the truth.
Desert Tortoise
An over hyped statistic. "Rare earth" metals are not rare and are available on every continent. China undercut everyone else on price and that caused mines in other countries to close down, unable to compete and remain profitable against lower Chinese prices. However if prices on these minerals rise there is no shortage of places from which they can be mined. There is an abundance of these minerals in the western US and in Australia.
Peter14
Regardless of cost I will never buy a Chinese made vehicle.
Kyakusenbi_Arimasu
A. They will build more coal factories to produce the electric so that people can run their extension cords from their apartments.
B. They already have and gaining even more ground in battery technology.
C. They control over 90% of the market for rare earth metals.
D. Anyone see a problem here?
virusrex
Now if this could be reflected in investment for greener efficient sources of electricity this would be good news.
Boku Dayo
C-H-E-A-P
Desert Tortoise
I can see a maze of extension cords running from the windows of apartments and condos all the way from the top floor down to parked electric cars. It's already that way with people recharging electric scooters in Shanghai. Now add electric cars to the mess.
drlucifer
Yes, they can't but they are the undisputed factory for the entire world, why so ?
Sindhoor GK
@Boku Dayo well, none of the companies mentioned in the article can manufacture a decent, reliable car.
Boku Dayo
China? They can't even make decent kitchen appliances.
ROFL
happyhere
Unfortunately 5G, smart phone technology, software and digitalization (still using faxes!) are areas where Japan is seriously behind.
This is why Toyota sided with Trump to try and stop this tectonic shift. Sorry guys, this train has already left the station.
The Avenger
New Audi concept electric car has video projector headlights and tail lights. They are clear enough to play video games on, and can project turn signals onto the road itself.
http://www.scoopyweb.com/2021/04/audi-showcases-its-electric-a6-e-tron.html