Why China’s electric-car industry is leaving Detroit, Japan, and Germany in the dust
- Dec 6, 2019
- 1 min read
China was no good at cars. Then EVs came along.
by Jordyn Dahl
After the Cultural Revolution of the 1960s and ’70s crippled China’s economy, the country began to open its markets to the outside world. The aim was to bring in technological know-how from abroad that domestic firms could then assimilate. By the early ’80s, foreign automakers were allowed in on the condition that they form a joint venture with a Chinese partner. These Chinese firms, by working with foreign companies, would eventually gain enough knowledge to function independently.
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