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.

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