How Innovative Is China in the Electric Vehicle and Battery Industries?

By Stephen Ezell

July 29, 2024

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China is at the global forefront of the electric vehicle (EV) and EV battery industries. Its firms produce nearly two-thirds of the world’s EVs and more than three-quarters of EV batteries. They also have produced notable innovations in EV products, processes, and customer experiences.

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U.S. Trade Policy at a Turning Point: How America Can Better Protect Itself Against China’s Predatory Policies

Robert D. Atkinson June 11, 2021

Trade policy in the United States has reached a turning point as a rising China seeks absolute advantage across a broad range of vital industries. If the United States rejects both free trade and protectionism, and going forward adopts power trade as a strategy, what needs to be done to implement that strategy? This is the third of three articles Rob Atkinson has written in The International Economy examining power trade as practiced by Germany before World War II, and by China today. (Previous articles described the resemblence between them and reviewed how America has practiced power trade in the past.)

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The practice of U.S. power trade from 1945 to 2016, focused as it was on ensuring global market integration (outside of the Soviet Union and then Russia)—even at the expense of U.S. industrial competitiveness—has run its course. America’s adversary today is not a sclerotic but militarily powerful foe that could inflict little or no economic damage outside of its bloc. China today is a dynamic, militarily and technologically powerful foe that can and does inflict considerable economic damage around the world, including to the U.S. economy.

As such, the United States needs to shift from an approach to power trade based on advancing U.S. foreign policy interests to an approach that focuses on advancing U.S. competitive advantage against China, especially in critical advanced technology sectors. Doing so necessitates a new approach to trade strategy, including a more sophisticated and analytical role for the federal government.

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Principles of Dynamic Antitrust: Competing Through Innovation

Aurelien Portuese June 14, 2021

It is time for antitrust policy to reject static models of market analysis and enforcement that rely too much on simplistic indicators such as firm size, industry structure, and prices. Regulators should instead adopt a dynamic approach that recognizes how market power can drive innovation—and how disruptive innovation keeps market power in check.

Why the United States Needs a National Advanced Industry and Technology Agency

Robert D. Atkinson June 17, 2021

With the rise of China, the U.S. economic and technology environment has fundamentally and inexorably changed. The most important step Congress and the Biden administration can take to meet the challenge is to create a dedicated national advanced industry and technology agency.

Clean and Competitive: Opportunities for U.S. Manufacturing Leadership in the Global-Low Carbon Economy

Peter Fox-Penner, David M. Hart, Henry Kelly, Ryan C. Murphy, Kurt Roth, Andre Sharon, Colin Cunliff June 21, 2021

The United States needs an integrated national strategy to address the twin challenges of bolstering its manufacturing sector and averting climate change. Timely federal RD&D and deployment policies targeted to specific manufacturing industries could create comparative advantage, expanding domestic investment and employment.

The Promise of Immersive Learning: Augmented and Virtual Reality’s Potential in Education

Ellysse Dick August 30, 2021

AR/VR solutions can enhance classroom experiences and expand opportunities at all levels of learning. The federal government should support further innovation by investing in research, skill-building, content development, and equitable adoption of immersive technologies.

Emerging Industrial Policy Approaches in the United States

William B. Bonvillian October 4, 2021

The federal government has long avoided industrial policies outside of its defense sector. But now, facing competition from China, it is pursuing a series of new programs at a scale never tried before. The effort will require careful, system-wide planning to bear fruit.

Clean and Competitive: Opportunities for U.S. Manufacturing Leadership in the Global-Low Carbon Economy

Peter Fox-Penner, David M. Hart, Henry Kelly, Ryan C. Murphy, Kurt Roth, Andre Sharon, Colin Cunliff June 21, 2021

The United States needs an integrated national strategy to address the twin challenges of bolstering its manufacturing sector and averting climate change. Timely federal RD&D and deployment policies targeted to specific manufacturing industries could create comparative advantage, expanding domestic investment and employment.