Why expensive power could soon accelerate, rather than retard, the US EV adoption divide
Thus far US BEV adoption has largely been strongest in areas that have higher residential power prices. What if that became a feature, not a bug?
Some of the world's largest auto markets may need to brace for a Chinese invasion
Exporting cars to China is an increasingly tough business. Defending against imports from the Middle Kingdom could be ever harder.
In 2017, China’s auto industry had a trade deficit of $37bn. By 2022, it had swung into a $7bn surplus as imports slumped and exports took off. China imported 0.9mn vehicles in 2022, a 30pc drop compared to 2017.
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