alt Hacker NewsNot a scientific study, but here in the UK where we don't have tariffs against Chinese car manufacturers, there are loads of electric BYDs and Jaecoos (the "Temu Range Rover") driving around recently.
Not a scientific study, but here in the UK where we don't have tariffs against Chinese car manufacturers, there are loads of electric BYDs and Jaecoos (the "Temu Range Rover") driving around recently.
Yeah with China pumping state subventions into car manufacturing, they can outcompete any car manufacturer anywhere in the world. The leading battery technology is in Asia anyways.
The German car industry will not die completely, as the EU can protect its market from chinese manufacturers through regulation. But it will shrink and transform. Probably also back to fossil fuels (yuck), because there the Germans still have a lead (they are trailing with EVs).
Germany's new hot industry is defense technology.