The EV car crash is a warning for Europe’s industrial transition
China is so far ahead in the electric vehicles market that its competitors are trailing in the dust
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AT AN event last week, a businessman suddenly pulled out his phone to show me his experience in a driverless taxi in downtown Beijing. In the video, a robotaxi impressively navigated a turn across several lanes of a busy road.
Needless to say, the autonomous fleets roaming around an increasing number of Chinese cities are electric. The lasting impression, for him at least, was how far China has pulled ahead in the future of transport.
Those at the Munich motor show last week came to a similar conclusion. Germany’s biennial celebration of its own automotive prowess was dominated by Chinese brands, who were there in double the numbers seen in 2021.
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