Thanks to Trump, Chinese EV are taking over the world and the US auto industry is collapsing.
Yeah. Completely invisible to Americans though, as the Chinese cars are effectively banned in the US
Nah, it’s not really thanks to Trump, he only helped a little bit. American car production is one of the most protected in the world. But that was the case before Trump too. Countries like Brazil are of course way worse all the way back since the 50’s, and their car industry is utterly unable to compete internationally.
So in USA American manufacturers don’t have to compete with China, but in international markets they do, and I think American manufacturers are losing ground almost everywhere outside USA.
The only market that will be left for US car companies will be the US as they drop EV production as they can’t compete. The US market is insignificant compared to world markets.
Exactly.
Trump managed to fuck over everyone in the world with cost of living issues, make record profits for oil and gas companies and speed up the energy transition at the same time.
Definitely a weird timeline we’re in.
Nice that the rest of the world is moving forward and a decentralized energy future is coming closer.
