India, Sept. 30 -- The global car industry is going through a churn like never before. The entry of the electric vehicle is set to depose the internal combustion (IC) engine, but this is also destabilising the industry giants. What will this mean for the commitment of countries to the green transition, as their crucial industry declines in the face of competition from new players in other countries?

I am speaking about China, which today dominates the electric vehicle industry-in terms of raw materials, battery technology and production of cheaper yet state-of-the art cars. China invested deliberately in e-vehicles, knowing that its industry could not ever compete with the conventional IC engine. Now, as the world takes action to combat ...