Foreign carmakers in China face increasing challenges in the EV market. Chinese EV makers are expected to occupy 70% of the EV market by 2030 while facing increasing EU and US tariffs.
It drives me nuts that I have a 17 year old car and have the cash on hand for a brand new $11k EV but I’m not allowed to buy it because Biden used the inflation act to block them.
There’s no way to afford that $50k monstrosity so I guess I’ll stop driving.
The best part is that you’re labeled a tankie for pointing any of this out.
It drives me nuts that I have a 17 year old car and have the cash on hand for a brand new $11k EV but I’m not allowed to buy it because Biden used the inflation act to block them.
There’s no way to afford that $50k monstrosity so I guess I’ll stop driving.
The best part is that you’re labeled a tankie for pointing any of this out.