automakers with an existing presence in those countries will have to compete. Unless “traditional” automakers want these Chinese upstarts to eat their lunch, they will have to become more creative and dynamic. Think better range, improved interiors – all the things.
It’s good news for everyone outside the US but small consolation for those stuck in its borders. Protectionism of the automotive industry here’s too strong and domestic manufacturers are taking advantage of the lack of competition by making bigger high margin gas guzzlers.
Unfortunately we all suffer in the long run by the lethargic pace of the US transition to EVs, because the climate is global.
Not that it’s a surprise. Remember that the US pulled out of the Paris Climate Agreement. Twice.
The only kind of pulling out that Donald Trump is keen on