A key problem of the decision to electrify the powertrains of personal and road-freight vehicles in most industrialized countries is that it was purely politically, not market, driven outside of China (and I think Korea and perhaps even Japan). The “scientific model” making bureaucrats in support of the lowest common denominator social justice, re-election, and … Continue reading The EV Revolution – the West “adopts” the Diktat
The Phoney War Gets Real? In the latter months of 1939 into early 1940 the British referred to the quiescence in the period after the declaration of war against the Axis Powers as the Phoney War. As it turned out it was not exactly so “phoney” but managed to lull some of the combatants into … Continue reading China’s Undeclared War on the West
It is 30 years since the last “Asians are Coming” scare washed across the US. At that time it was the Japanese newly minted with the title of Global Economic Dominator and having the World’s Largest Bank that were feared for their purchase of the iconic Rockefeller Center and various golf courses around the US. … Continue reading Xichago – China’s Foothold in US Capital Markets?