As EU targets Chinese cars, European rivals sputter

  • Posted on October 4, 2024
  • By Yahoo News
  • 1 Views
As EU targets Chinese cars, European rivals sputter

As the EU seeks to put a brake on competition from Chinese electric cars, European automakers are stuck in second gear.Weaker demand for their cars in China, whose economy is slowing, and growing competition from cheaper Chinese EVs elsewhere are among the main drags on European automakers, which employ 2.4 million people.
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Yahoo News

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