this post was submitted on 19 Jan 2026
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Trump Is Obsessed With Oil. But Chinese Batteries Will Soon Run the World (www.nytimes.com)
submitted 23 hours ago by UnderpantsWeevil@lemmy.world to c/technology@lemmy.world
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Chinese technology companies are paving the way for a world that will be powered by electric motors rather than gas-guzzling engines. It is a decisively 21st-century approach not just to solve its own energy problems, but also to sell batteries and other electric products to everyone else. Canada is its newest buyer of EVs; in a rebuke of Mr. Trump, its prime minister, Mark Carney, lowered tariffs on the cars as part of a new trade deal.

Though Americans have been slow to embrace electric vehicles, Chinese households have learned to love them. In 2025, 54 percent of new cars sold in China were either battery-powered or plug-in hybrids. That is a big reason that the country’s oil consumption is on track to peak in 2027, according to forecasts from the International Energy Agency. And Chinese E.V makers are setting records — whether it’s BYD’s sales (besting Tesla by battery-powered vehicles sold for the first time last year) or Xiaomi’s speed (its cars are setting records at major racetracks like Nürburgring in Germany).

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[–] UnderpantsWeevil@lemmy.world 2 points 3 hours ago* (last edited 3 hours ago)

There's definitely an element of reflexive "China Bad!" in these predictions of imminent collapse. But I do feel like I'm talking to a KHiver doing the High Hopes dance in late October 2024.

The irrationality of the China Hawks feels endless. This country is simultaneously about the launch a Third World War on every regional neighbor and mere weeks away from complete societal implosion. It's always on the verge of some kind of cataclysm that will Change Everything.

The sentiment seems to parallel people predicting the end of the AI bubble, people predicting that Trump will keel over and die from Oldtimers in the next few days, and people insisting they're holding a winning lottery ticket two days before the drawing. Just total divorce from material conditions.