Dr. Ilaria Mazzocco and her colleagues at CSIS found that Chinese subsidies to companies in strategic industries are more than twice as high as in other countries. The numbers are not insignificant. This week, we learned that BYD secured some $3.4 billion in subsidies in 2023 alone.  As a group Chinese automakers have benefited from tens of billions of dollars in supply side and consumer subsidies since 2010. Complicating the picture, however, is the reality that China is also home to some fast-moving, highly innovative firms led by people who work harder and sometimes smarter than their ..read more

The world is in the midst of a monumental transition from fossil fuels to critical minerals. Those critical minerals, like lithium, cobalt and nickel, are the key ingredients in the batteries that power electric cars, cell phones, electric lawn mowers and more. Today, the minerals are extracted from the ground at mining sites around the world. Massive lithium deposits, for example, are located in Australia, Chile and Argentina. China has minerals, too. China also controls most of the world's mineral processing. As America and Europe step into the critical minerals era ..read more

By now everyone understands US-China relations are at their worst in 50 years. There is mutual distrust. And mutual animosity. China complains bitterly that America is trying to keep it down. America, meanwhile, is wary of China's new-found aggressiveness. Are the world's two most powerful countries heading for a showdown? If so, how should companies in the West prepare. Stay the course in China? Pare back operations?  Or beat it for the exits?   This week our special guest on the Driving With Dunne podcast is Jim McGregor. Jim first went to China in the 1980s. Today he is the Chair ..read more

What is an autonomous vehicle? And how will we know one when we see one? Today, the picture is pretty confusing. We have all sorts of names out there: autonomous, self-driving, fully self driving, drive pilot, autopilot, blue cruise, super cruise, Sensing 360, Apollo and NGP navigated guided pilot. Further complicating the picture: In recent months, two of the leaders in the autonomous vehicle industry - Cruise and Waymo - have each suffered setbacks to their reputations in their hyper-intensive missions to create cars that drive themselves. Can they recover? Joining is today to sift through t ..read more

It is time to take an honest look at battery technologies. The fact is that batteries that power electric cars today have many limitations. There are limits to the range they can deliver. There are limits to how quickly you can charge them. And there are limits to how many times they can be charged before they start losing their full capacity. And then there are limits to their safety. Lithium-ion battery fires are rare. But once a lithium battery catches fire, it is not easy to put out. These limitations are problems that fire the imagination of entrepreneurs. Hey, let's find a solution, they ..read more

What is the truth about China' economy today? Read the headlines or social media and we could be forgiven for thinking that the People's Republic is falling apart. The 42 trillion property market seems to be in a death spiral. Youth unemployment is at record highs. Government debt keeps rocketing higher. And just this week, reports that foreign companies took $160 billion out of the country in the past 6 quarters. All of this makes for a riveting picture of a fragile China, a cracking and crumbling China. But is it accurate? Enter Leland Miller, CEO, The China Beige Book. Tracking China's econ ..read more

Who supplies the most cars to the Mexican market? If you guessed China, you are not wrong. China is flooding the market with low cost gasoline-powered and electric vehicles. Leading brands include SAIC-MG, Great Wall and Chery. But there's more. One of every two vehicles GM sells in Mexico is built in China. Meanwhile, Chinese suppliers are pouring into supporting Tesla's Giga 6 factory in Monterrey. What do Mexico's leaders make of this mass Chinese arrival? Will the Chinese automakers use Mexico as a base camp for invading the US market? With me today is Jorge Guajardo, former Mexican ambas ..read more

Never before in the history of humanity have we had so many choices when it comes to what we drive. Think about it: We have cars, pickup trucks, SUVs, crossovers. station wagons. On size we run the spectrum from the tiny Mini Cooper beastly Hummer. And now these vehicles might be powered by gasoline engines, hybrids, batteries or hydrogen. Some of them even drive themselves, well almost. The average consumer has hundreds of options to choose from. So, how on earth do you land on exactly the right one for you? The process can be all-consuming and overwhelming. Thank goodness we can turn to expe ..read more

How much do you know about Taiwan? Until recently, most people in the world, if they were being honest, would say practically nothing. But not today. Today, Taiwan finds itself in a highly precarious situation. The People's Republic of China has clear its intentions to integrate Taiwan, to take control of the island and its 22 million residents. Not so fast, say the people of Taiwan. And the are not alone. The United States - most economies around the world, are heavily reliant on Taiwan for supply of the advanced chips that power everything from iPhone to Teslas. China cannot tolerate a futur ..read more

BYD is an electric vehicle powerhouse. Already dominant globally in buses and trucks, BYD is now chasing Tesla for world leadership in battery-powered electric vehicles. The Shenzhen-based company will produce more than 3 million electric vehicles in 2023. Many of those cars and SUVs will find their way to global markets including Thailand, Mexico, Germany, the UK, Australia and Japan. For the casual observer, BYD might appear to be an overnight sensation. But this is not that case. BYD is a 30-year old company that persevered through lots of twists and turns before finally gaining traction in ..read more