Subsidies are another way to say State planning, which is how you direct the “free market”. No capitalist, which includes China, will “innovate” without being baited with money.

There are massive subsidies in the US as well, but these go into the pockets of the CEOs and political/financial class. If this were to happen in China they’d go missing like Jack Ma of Alibaba until he got his head right.

Because Americans are obsessed with iphones, as a status symbol and “American” product and it’s a default…no effort required.

Sounds great, the more options users have the better, I say!

Hmm, this doesn’t seem like it would store energy for long though right? Once the energy starts flowing in, the wheel magnifies that force I assume, but needs almost constant input right? It’s just meant to deal w hiccups in power outages?

Sadly, it says almost nothing about how these actually work, and the video shows them taking the unit off the truck and onto a concrete pad … that’s it.