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The US auto industry is in big trouble. China now makes 75 percent of all electric vehicles sold anywhere on earth. US automakers make around 5 percent. (www.nytimes.com)
submitted 2 months ago* (last edited 2 months ago) by to c/mildlyinteresting@lemmy.world
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[–] 12 points 2 months ago (7 children)

They did it to themselves. By limiting competition in a lazy move to maintain dominance they have lost.

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  • [–] 9 points 2 months ago (5 children)

    Oh, they haven't lost. It's us who have lost. Government is protecting their profits.

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  • [–] 1 point 2 months ago* (2 children)

    They have definitely lost.

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