China’s dominance in the global electric vehicle market looks set to deepen as policy reversals in Europe and strategic pullbacks by U.S. automakers reduce competitive pressure just as Chinese EV makers push aggressively into overseas markets. China’s booming EV market has its own set of issues to address, especially the battery and manufacturing overcapacity denting the profits of the EV makers. However, the race to the bottom and the price wars in China’s electric vehicle market have sunk costs so much that China has a competitive…