The battle is already lost as far as China owning the future markets for EVs and probably energy in general. It doesn't seem conceivable anybody else could match their scale, efficiency and technology advantages.

If you're going to fight economically, might as well do it in areas that aren't (a) a lost cause (b) going to hurt you economically since you'll have to settle for worse and more expensive products and (c) the alternative supplier's country isn't threatening to literally invade you and surrounding nations.