China and the United States are racing for control over the global electric and autonomous vehicle supply chains. The countries that take the lead in this race may very well determine the future control of global supply chains in an unprecedented way. “The countries that really take the lead in developing cutting edge innovative technologies in the auto sector are going to control the supply chains.” Competition between the United States and China in the realms of electric and autonomous vehicles could determine the future control of global supply chains in an unprecedented way, according to a lawmaker and several experts. “Our competitors, particularly in China, are not holding back,” said Sen. Gary Peters (D-Mich.) during an April 27 event hosted by the Center for Strategic and International Studies, a security-focused think tank. “We cannot fall behind on the global stage.” Peters said that the future of the automotive […]