This article from the New York Times is like a shot across the bows of the U.S. It is a warning that the price of inaction developing electric vehicles will be high. It doesn’t contend that transportation conditions in China and the U.S. are identical, nor does it minimize the technological and economic problems that the Chinese must solve to become the world leader in electric cars. Still, by inference, if the U.S. cedes the field to China, this country forfeits a very large export market, and foregoes at once the opportunity to reduce America’s dependence on imported biofuels and to slow global climate change by reducing transportation-related greenhouse gas emissions.
What are we waiting for?