this post was submitted on 26 Jun 2024
59 points (92.8% liked)

World News

32290 readers
1283 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 3 points 4 months ago (1 children)

Imported chinese EVs are still undercutting the European manufacturers, as much they have been lobbying to have increased import fees on the cheaper non EU EVs. The narrative is that they are heavily subsidised to the extend they cannot compete anymore, in so crippling overal in-continent EV development. Resulting in a dependence to the East.

If I am not mistaken such import fee has just passed in Brussel, in order to protect the European market.

In a weird way, humanity has been longing for greener automobile solutions, and now that it’s there, Europe wants to slow it down.

[–] [email protected] 5 points 4 months ago* (last edited 4 months ago)

The US wants to slow it down. Europe is just following orders.