How Chinese Car Makers Are Taking Over the Global Market

🚗⚡️Chinese electric vehicles (EVs) are shaking up the global auto industry, challenging long-standing players in Europe and the U.S. with their competitive pricing, cutting-edge technology, and massive government support.

Follow LinkedIN:   / the-automotive-overview  

🌍 Key Highlights:
•Chinese EV Subsidies: Discover how government support has fueled China’s EV dominance, with over $28 billion spent since 2009.
•EU’s Counterattack: Learn about the EU’s new import duties and strategies to protect its automotive industry from China’s aggressive expansion.
•U.S. Trade Policies: Explore the escalating trade conflict and its impact on American automakers.
•Emerging Markets: Find out how Chinese carmakers are leveraging production overcapacity to dominate new regions.

Watch my previous video:    • What is happening with car industry?