Signal The electric stack is 99% cheaper than in 1990, and the next Five-Year Plan doubles down

Summary

The report observes that the combined cost of batteries, motors,, power electronics plus onboard computing has fallen by about 99% since 1990. China, in Eurasia Group's view, took advantage of that falling cost curve more effectively than any other country. Its 15th Five-Year Plan, arriving in 2026, is expected to reinforce these sectors further. That means output will keep rising despite domestic worries about involution and Western complaints about overcapacity. The signal suggests Beijing will deepen its lead in electrotech rather than slow production to ease trade tensions.