Namely, BYD, which owns over 40% of the overall local market. That’s not 40% of the local EV market, but 40% of the OVERALL market.

  • Diplomjodler@lemmy.world
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    29 days ago

    But they’re still heavily protectionist because competing with the Chinese would cause a lot of short term pain. But if we don’t go through this pain now, our industries won’t survive in the long term, at least not in their current form.