Thursday, November 7, 2024
5.2 C
Brussels

The EU has just put its car industry on the road to destruction


electric cars

Brussels should have made sure it was competitive in electric cars before imposing quotas and targets on the industry – STR/AFP via Getty Images

The timing, to put it mildly, is slightly odd.

Any of us watching the start of the Euro 2024 football tournament this weekend may well have noticed the logo of the Chinese electric vehicle manufacturer BYD plastered everywhere in its role both as one of its main sponsors and as the “mobility partner” for matches staged across German cities.

In the same week, the European Union slapped punitive tariffs on imports of Chinese EVs. On the one hand…



Source link

Hot this week

Most Popular

Quality of life indicators – overall experience of life

EU citizens were rather satisfied with their lives...

Orbán’s new right-wing group hits EU parliament threshold – Euractiv

Hungarian premier Viktor Orbán’s fledgling political movement attracted...

Related Articles

Popular Categories