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EVsForbes Innovationabout 2 hours ago
Chinese EVs Surge, US Fights Wrong BattleChinese EV dominance stems from structural advantages like manufacturing scale and vertical integration, not subsidies. Subsidies explain only 5% of China's cost advantage, per Rhodium Group. US tariffs and bans misdiagnose the problem. BYD manufactures batteries, semiconductors, motors, and transport ships. Chinese makers bring new models to market in 18 months versus 3-5 years in the US.
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