• mal3oon@lemmy.world
    link
    fedilink
    English
    arrow-up
    1
    ·
    edit-2
    4 months ago

    It’s more about China heavily subsidizing its tech industry, mainly to disrupt western innovations. Same thing is happening with Electrical Vehicles. Typical capitalist bait and switch.

    • themurphy
      link
      fedilink
      English
      arrow-up
      2
      ·
      4 months ago

      That’s true, but it’s also true that China has prioritised to make automated factories and investing heavily in just plain better battery tech.

      I know alot of the money came from the CCP, but when the investments are done, this new tech will outperform other companies on just being better (thinking of EV specifically).

      I think I’m just saying that a state investing in tech and technologies is not a bad idea always.