China’s EV giants shift gears toward the U.K. as tariff troubles mount in the U.S. and Europe
If there’s one thing that’s certain about the automotive industry right now, it’s that nothing is certain. The EV revolution has severely disrupted the market, and now global tariffs are posing challenges that could be existential for some companies.
Even before the tariff wars, one of the biggest threats for European and American automakers was the inexorable rise of Chinese EV producers. The EU and U.S. fought back with protectionism, but one country hasn’t, and it’s looking like an increasingly tempting market as a result...