China's race to tech supremacy: Driving into Europe

China's race to tech supremacy: Driving into Europe

Author: Financial Times May 21, 2024 Duration: 25:21

China’s BYD has become one of the world’s largest electric vehicle manufacturers, thanks to its low production costs. The US has slapped a 100% tariff on Chinese EV imports to protect its own sector but BYD has its sights set on Europe. The FT’s James Kynge reports from Germany to find out what established European carmakers make of this burgeoning competition, and how the EU is handling it. We hear from the FT’s June Yoon, automobile analyst Stefan Bratzel, European Commission spokesperson for trade Olof Gill, and Manuel Kallweit, chief economist at German car lobby group VDA. 


Presented by James Kynge. Edwin Lane is the senior producer. The producer is Josh Gabert-Doyon. The executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco, with original music from Metaphor Music. The FT’s head of audio is Cheryl Brumley.


Clips: Bloomberg, CNBC, DW


Read a transcript of this episode on FT.com


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From the Financial Times, FT Tech Tonic steps beyond the breathless headlines and gadget launches to explore how technology is fundamentally reshaping our lives, economies, and social structures. This isn't just a series about the latest app; it's a deep, considered examination of the forces driving the digital age and their often unintended consequences. Each episode grapples with the complex interplay between innovation and its real-world impact, drawing on the FT's global reporting expertise to provide clarity and context. You'll hear conversations that dissect the power dynamics in Silicon Valley, investigate the ethical dilemmas of artificial intelligence, and explore how entrepreneurship is being redefined across different cultures. The podcast digs into the substance behind the hype, asking whether emerging technologies truly deliver on their promise to improve society or if they introduce new perils we are only beginning to understand. By weaving together threads from technology, business, and culture, the discussions offer a nuanced perspective that challenges simplistic narratives. Tune in for thoughtful analysis that connects the dots between boardroom strategies, algorithmic biases, and the everyday experiences that define our increasingly connected world.
Author: Language: English Episodes: 100

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