When our products are competitive, we hope for free competition; when it is not competitive enough, we hope that policies will come out to protect them. Europe and the United States, which once held the banner of free trade, are no exception. After the US announced a subsidy of US$7,500 per vehicle for electric vehicles produced in the United States, European automakers have also called on the government to provide support, otherwise, they will be defeated by Chinese electric vehicle manufacturers.

Why are they so afraid? Are China’s auto companies really about to rise? Hi! Welcome to Auto Age. Before we started today’s video, please subscribe to the channel and turn on the notification bell. OK, let’s move on to today’s topic!


Comments are closed.