China Is Aiming to Become This Century’s Detroit for Electric Cars

As a candidate, President Donald Trump vowed to revitalize America’s infrastructure and promised $1 billion for transportation projects. But while Washington only tepidly contemplates such spending, China is rapidly moving ahead to transform transportation on its terms. China’s leadership is codifying the next generation of transportation technologies into an ambitious national strategy and matching policy with billions for innovation and deployment. Recognizing that the sector is shifting toward low carbon options worldwide, Beijing is planning to uproot America’s competitive edge in the global market. Unless it is willing to cede the remaking of the transportation industry to China, the United […]