Right now, China’s electric vehicle sector is delivering a generation of new cars so high-tech that they make some of the best rides in America look like whatever hooptie you drove in high school. They’re electric, filled with screens and software features, and connected. Here’s a great example: the Xiaomi SU7, the first EV from the smartphone giant, which set China on fire with its high-tech and sleek design and sold 135,000 units in its first full year.
It’s clear that if Japan, Europe, and the U.S. want to compete, companies will need to team up and build the…
