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Chinese Carmaker Overtakes Tesla as World’s Most Popular EV Maker::Elon Musk once scoffed at the notion that BYD could compete with his company. Now, the automaker run by billionaire Wang Chuanfu is poised to be the new No. 1 in electric vehicles.
Predicted for this quarter. Musk has been scoffing the idea, whilst watching them catch him and simultaneously shooting himself in the foot with his own plans.
Meh, the US will slap enough tariffs on these things to make their own Autoindustry competitive again.
So will the EU.
But china has a gigantic middle-class that can afford these things, so I hope they all switch to EV en masse… it’s a win for the planet!
Tariff slapping had been tried by Trump. Very poor outcomes. There will be a more moderated approach, but we will need to see how that pans out
I’m confused what you think is going to happen? There at 25% and Biden doesn’t think they are high enough, they are already currently in talks of increases AFAIK.