They aren’t cooked. But they aren’t in a great position either. The government is going to need to subsidize them a bit. China just went all in on EVs as a national project before anyone else and now it’s paying dividends. Western car manufacturers can and will catch up.
They aren’t cooked. But they aren’t in a great position either. The government is going to need to subsidize them a bit. China just went all in on EVs as a national project before anyone else and now it’s paying dividends. Western car manufacturers can and will catch up.