(04-02-2024, 05:14 AM)sgbuffett Wrote: China depends on EU and US for demand to grow this sector.
China's relations with US and EU has deteriorated due to China support for Russia and Iran. Both of whom are engaged in wars against the westÂ
t is natural for these rich advanced countries toput up barriers in imported. eV since they have a car industry employing millions. Poor relations with China makes such a move inevitable.
https://amp.scmp.com/economy/china-economy/article/3250811/chinas-evs-could-turbocharge-recovery-trade-curbs-threaten-stall-growth-starting-line