Why should Europe allowed China to attack and destroy its car industry, when China is also helping Russia destroy Europe militarily?
Good thing Europe woke up earlier this year. impact of the EU’s tariffs on Chinese EV manufacturers. In November, Chinese automakers captured just 7.4% of Europe’s EV market, a noticeable drop from 8.2% in October and their lowest share since March [1].
As for US, the 100% tariff has safely protected America from Chinese EVs thus far.
Good thing Europe woke up earlier this year. impact of the EU’s tariffs on Chinese EV manufacturers. In November, Chinese automakers captured just 7.4% of Europe’s EV market, a noticeable drop from 8.2% in October and their lowest share since March [1].
As for US, the 100% tariff has safely protected America from Chinese EVs thus far.
[1]https://www.autoblog.com/news/chinas-ev-invasion-hits-a-wall