Tag: Western Panic

China’s electric vehicle surge will shock global markets – Pearls and Irritations

Automobile charging pile is charging the car, electric vehicle charging concept. Image: iStock/ Tingting Ji

Many countries in the Global South will welcome less expensive Chinese EV brands. But to slow Chinese EV dominance, advanced countries are almost certain to raise existing barriers or impose quotas that limit the Chinese share of the market. EVs could well exemplify the fragmentation of world trade.

Source: China’s electric vehicle surge will shock global markets – Pearls and Irritations