CleanTechnica•25 days ago
How The West Lost The Automotive Industry And Its Mojo, Part 2
Key Takeaway
The West's strategic failure to embrace New Energy Vehicle technology over the past 15 years has fundamentally reshaped the global automotive industry, signaling significant shifts in industrial power demand, manufacturing locations, and supply chain dependencies for power developers and large consumers.
AI Summary
- •The article highlights a 15-year strategic failure by the West to adapt to New Energy Vehicle (NEV) technological shifts, leading to a significant loss of automotive industry dominance.
- •This shift implies a reallocation of industrial manufacturing load globally, with potential decreases in traditional automotive regions in the West and increased demand for power infrastructure in NEV manufacturing hubs elsewhere, alongside growing EV charging load.
- •The 'failure to grasp' technological change points to a critical need for Western policymakers to implement proactive industrial and energy policies to attract and retain high-tech manufacturing and associated power demand.
Topics
emissionsoempolicy
Article Content
This is the second of three articles seeking to contextualise the failure of the West to grasp or even understand or manifest technological change over the past 15 years. The touchstone used here, and in our previous article, is “New Energy Vehicles” (plugin vehicles). The first article focussed primarily on ... [continued] The post How The West Lost The Automotive Industry And Its Mojo, Part 2 appeared first on CleanTechnica .