World Race In Innovation
China is in race with America in many sectors. NIO's design workshop in China has registered 9800 world patents in China. This it self shows how China is doing in the world race globally.
Some of the patents are related to battery technology. It gives user facilities to charge it in just three minutes with 3000 stations across China, Europe and Countries where those EV batteries are exported. China has produced electric vehicles with batteries capable to 650 miles in single charge. while American electric vehicles produce by Tesla batteries are capable of running about 402 Miles. Besides that China has produced electric race car with fastest speed of 194 miles per hours. China has slogan that' Innovation Creates Value' China has electric vehicles brand like' Aion, BYD, Clever , Maxus, Neta and Onvo etc. In the year 2024 China Exported 4.9 million car abroad. China has Surpassed the Tesla's EV car.
China is trying to go ahead with AI, Quantum Computing and in Robotic Engineering. America is also in race with China in above sectors. China is also buying foreign technical firm in order to acquire their technology. Some time various Countries get finances from China for their development but in return they are buying the Chines goods. This is very clever trade move by China.
Why China can compit in world Race? It is because it admits successful foreign firms in China with local partner so that they can learn their success stories and adopt in their own benefits.
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