dragracer567 BHPianJoin Date: Aug 2019 Location: Bahrain Posts: 941 Thanked: 5,010 TimesRe: EU announces up to 38% duty for Chinese EVs Quote: Jeroen Originally Posted by The Chinese EV strategy was well known years ago and they chose to do absolutely nothing! Look at smartphones - every non-Chinese brand apart from Apple and Samsung are either dead or are irrelevant. Sony, HTC etc unlike Nokia didn’t do anything wrong per se (correct me if I’m wrong) but they never stood a chance against the Chinese overcapacity. There’s no point in Europeans being able to drive around in cheap EVs if their jobs are at stake! I’m saying this as a person who used to preach about free trade.
Source: New York Times June 13, 2024 03:39 UTC