It’s the development time 🙂. For example the new generation microchips. You know the US has them and Taiwan makes them. China is currently developing the technology. They got all their technology development partners out in the US and Taiwan working hard to develop all the little details.
Take EVs out of the equation and the ramifications of this tech (or Toyota’s) is huge, if true.
Imagine an electric wheelchair you only had to charge monthly, or that could run on one charge effectively forever.
First they need Toyota to test their chemistry and develop their battery production system…it’s part of the way Chinese companies develop technology.
If Toyota can do it, China will too! A win-win!
Funny how that works…
China is always just behind the west (or Japan in this case)… And never ahead. I wonder why that could be?
It’s the development time 🙂. For example the new generation microchips. You know the US has them and Taiwan makes them. China is currently developing the technology. They got all their technology development partners out in the US and Taiwan working hard to develop all the little details.