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EU to put tariffs of up to 38% on Chinese electric vehicles as trade war looms
(www.theguardian.com)
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Europe has forced car makers to switch to electric, for 2035. It's just not viable to do it overnight.
Yes yes I do know that. Somehow China found it was "viable", though. That is the issue.
It wouldn't have been viable in China either, but they simply didn't have any meaningful ICE-car production to note