Nissan has just made a significant announcement regarding its electrification investment plans in the United States. The Japanese automaker confirmed this week that it is canceling all its programs to assemble electric models on American soil. The company is justifying its decision by citing shifting market conditions and a revised global strategy. Nissan was set …
Said this before, but US protectionism is going to yield two classes of car: the US and everywhere else. We will end up getting lower quality, expensive versions, while BYD and other Chinese companies will become globally dominant. European and American companies will get away with building low quality ICE cars for the US since they know they won’t have to compete.