You are viewing a single comment's thread from:

RE: LeoThread 2025-03-17 08:15

in LeoFinance4 days ago

Part 7/10:

China's emergence in the global EV market, while groundbreaking, has not gone without pushback. The United States and the European Union, amidst trade tensions, have responded with imposing tariffs on Chinese-made EVs, thereby closing off significant markets. In response, Chinese automakers are pivoting to emerging economies, establishing production plants in countries like Turkey and expanding their footprint in Latin America and Africa.

Challenges Ahead