Close to 30% of cars sold this year are set to be electric as countries and consumers respond to energy crisis - News from the International Energy Agency
Nah, it’s not really thanks to Trump, he only helped a little bit. American car production is one of the most protected in the world. But that was the case before Trump too. Countries like Brazil are of course way worse all the way back since the 50’s, and their car industry is utterly unable to compete internationally.
So in USA American manufacturers don’t have to compete with China, but in international markets they do, and I think American manufacturers are losing ground almost everywhere outside USA.
The only market that will be left for US car companies will be the US as they drop EV production as they can’t compete. The US market is insignificant compared to world markets.
Nah, it’s not really thanks to Trump, he only helped a little bit. American car production is one of the most protected in the world. But that was the case before Trump too. Countries like Brazil are of course way worse all the way back since the 50’s, and their car industry is utterly unable to compete internationally.
So in USA American manufacturers don’t have to compete with China, but in international markets they do, and I think American manufacturers are losing ground almost everywhere outside USA.
The only market that will be left for US car companies will be the US as they drop EV production as they can’t compete. The US market is insignificant compared to world markets.