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China could lead the race to roll out electric vehicles and will deploy new transport technologies more quickly than the United States, according to a report by Accenture (NYSE: ACN). However, the U.S. could lead a global biotechnology-based agricultural revolution that will generate more biofuel breakthroughs.

The report, “The US and China: the race to disruptive transport technologies,” claims that China’s state-backed focus on electric vehicles (EVs), its domestic supplies of lithium and current battery production capacity will give it a competitive advantage over the U.S. in EVs. Continue reading →