DAVID BLACKMON: EV Market Evolves Towards Chinese Monopoly
The electric vehicle (EV) revolution, once hailed as the future of transportation, is hitting a wall for Western automakers. Yesterday’s announcement from Stellantis—a staggering $26 billion writedown tied to scaling…
Opinion · 1 source · Jul 1, 2026Read it
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About Western world
The Western world, also known as the West, primarily refers to various nations and states in Europe, Northern America, and Australasia; with some debate as to whether those in the former Soviet Union and Latin America, even though its cultures are derived from Iberian cultures, also constitute the West. The Western world likewise is called the Occident in contrast to the Eastern world known as the Orient. Definitions of the "Western world" vary according to context and perspectives; the West is an evolving concept made up of cultural, political, and economic synergy among diverse groups of people, and not a rigid region with fixed borders and members.
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