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RE: LeoThread 2024-10-30 08:13

in LeoFinance2 months ago

The rapid growth in market share has sparked fears that Chinese cars will eventually threaten the EU’s ability to produce its own green technology needed to combat climate change, as well as the jobs of 2.5 million workers at risk in the auto industry and 10.3 million more people whose jobs depend indirectly on EV production.

Subsidized solar panels from China have wiped out European producers - an experience that European governments don’t want to see repeated with their auto industry.