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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 1 day ago* (last edited 1 day ago) by Zaelaa@lemmy.zip to c/mildlyinteresting@lemmy.world

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[-] Mediocre_Bard_Redeux@lemmy.world 26 points 15 hours ago

Oh no! Is it time for the auto industry to collapse, get 81 billion dollars, change nothing, and berate the American consumer for being too poor to buy their cars that now cost twice as much for no specific reason other than capitalism again?

[-] Thebeardedsinglemalt@lemmy.world 3 points 5 hours ago

After getting that $88 billion bailout They'll bring back sedans and start researching EVs...for about 4 years and switch back to gas guzzling jacked up overcompensating trucks for the men and big suburbans/yukons for the moms who pay more attention to their phones than the road.

Rinse repeat