Given Chinas horrible record of reciprocity, why in gods name would any country allow Chinese companies to sell autos in their countries?
Tesla is the only automaker that hasn’t been forced into an IP theft disguised as a minority JV in China.
Tesla is the only automaker that hasn’t been forced into an IP theft disguised as a minority JV in China.
But of course the party will cut them out anyway, they were just waiting for local companies to make somewhat competitive cars. It will probably not be in the nature of obvious import tariffs, but it will happen.
Europe is where the potential massacre could be. The Chinese EV still have a small share of the market, but it is gaining. Leave it to brainless Europe to allow China to dump their overproduced EV and kill Europe's entire car industry. Not to mention the profit then gets funneled back into China supplying Russia's war against Europe, making Europe even weaker to fend of China's economic attack. effectively win/win for them.
Those same laws exist in China though, which is why Tesla had to open a factory in Shanghai.