The European Commission will launch an anti-subsidy investigation against Chinese automakers, which may result in higher import duties on electric vehicles.
Take a look at what VW did to the British car market with illegal subsidies from the German Government. Then look at VW being caught in the emissions scandle. Long story short, cheating is profitable.
Take a look at what VW did to the British car market with illegal subsidies from the German Government. Then look at VW being caught in the emissions scandle. Long story short, cheating is profitable.
The Germans and the French wrecked British car manufacturers because they were better, not because of subsidies. British cars at the time sucked.