Why tariffs on Chinese EVs may not work
The Chinese auto sector is increasingly making global automakers and politicians hot under the collar.
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The Chinese auto sector is increasingly making global automakers and politicians hot under the collar.
By the end of October, the European Union will make a final decision on what some analysts call the biggest EU trade case against China in more than a decade.
Trade groups say Chinese electric vehicles pose an "existential threat" to the U.S. auto industry.
American automakers and their non-Chinese counterparts are fighting an existential battle, as local rivals in China outpace them.
As the electric vehicle industry faces a string of high-profile failures, several startups that have surfaced in recent years have underestimated their capital needs by billions of dollars, industry insiders said.
The business of tires has historically been marked by tight competition, low growth and slow margins.
The total addressable market for new and used car sales in the U.S. is estimated to be somewhere between $2.5 trillion and $3 trillion, according to the National Automobile Dealers Association.