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China's EU-Made EVs Are In Pole Position... For Now

23 Jul 2024 | Abstracted from Reuters

"On paper, they have an edge, but how long they keep their pole position will hinge on Brussels...China Inc's early push into electric vehicles means it can make an EV's chassis and electronics more cheaply.

"The [EU] bloc could threaten fresh probes, tariffs and rules, especially if Chinese marques made in Europe fuel member states’ concerns for their legacy automakers." Pictured: Geely Steera EV



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