Monday, August 18, 2025

China's EV industry is spending more on factories abroad than at home for the first time

With all the discounts in the U.S. for buying electric vehicles going away in September or October of 2025 which will harm everyone from Tesla, to Rivian to Ford and GMC and all the rest China is looking to making a financial killing in the whole world by selling China's Electrical vehicles worldwide competing with all U.S., Europe, Japan and Korean and other Electric Vehicles being manufactured around the world. 

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China's EV industry is spending more on factories abroad than at home for the first time

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