The US automaker has weathered a difficult EV transition, announcing US$19.5 billion in charges to overhaul its strategy Read more at The Business Times.
I don’t think they’ll ever let them sell them at those prices in the US. This is actually one of the times where tarrifs are smart economic policy. Both to protect a critical manufacturing capability and also because there is a lot of evidence that Chinas prices arent sustainable longterm (seems like the car industry may be their next evergrande).
I don’t think they’ll ever let them sell them at those prices in the US. This is actually one of the times where tarrifs are smart economic policy. Both to protect a critical manufacturing capability and also because there is a lot of evidence that Chinas prices arent sustainable longterm (seems like the car industry may be their next evergrande).