Asurge in Chinese electric vehicles (EVs) is sending ripples of uncertainty through Western markets. Memories of the “China shock” in the late 1990s, which saw a million American manufacturing jobs lost to Chinese competition, still linger, fuelling fears of another disruptive economic earthquake. However, before we succumb to apprehension, perhaps it’s time to view China’s EV onslaught as an opportunity rather than a threat.
Chinese carmakers have made…
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Source: https://www.thestatesman.com/opinion/ev-onslaught-1503261067.html