China

China is approaching the EV market the way they have approached other markets in the past. They steal technology and use government subsidies. The EV market will have the added advantage in that China produces most of the batteries. China mines more than two-thirds of the world's graphite, extracts 60% of the rare earths. It owns almost half of the cobalt mines and controls a quarter of the lithium. You can just add EV's to solar panels and wind mills and watch China control the world markets. They also continue to have cheap energy as they build more coal plants. They have no unions and very few regulations to protect workers from hazardous conditions. Their air is polluted and the water poisoned but this has little effect on the leaders. While they will have short term progress in the EV market the long term out look is bleak as many countries move away from doing business with China and most serious is their shortage of young workers.