I’ve been saying it for years: China is going to displace the U.S. as the world’s major auto manufacturer because of our stupid, parochial reluctance to embrace EVs. Toyota’s thinking has become the entire U.S.’s thinking. Tariffs are sealing the deal.
Reposted from
Brian Tyler Cohen
The European Union and China are now starting negotiations to abolish EU tariffs on Chinese electric vehicles.
This is a major strategic failure for the United States.
This is a major strategic failure for the United States.
Comments
China has moved up the manufacturing & tech value chain.
Elon did nazi that coming.