Should we?European preferenceprotect the electric car industry in the Old Continent. Unbelievable a few years ago in the reign of free trade, this path is no longer taboo either at the top of the state or among manufacturers. He returns to the carpet on the occasion of Emmanuel Macron’s visit to the USA. the head of state should especially discuss with his American counterpart the Inflationary Reduction Act (IRA), which reserves credits only for taxes given to buyers of electric car models. built in North America. A point that worries Europeans who condemn unfair competition.
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In mid-October, on the occasion of the Paris Motor Show, the head of Stellantis, Carlos Tavares, already regretted that the event “rolling out the red carpet for Chinese manufacturers who will come with attractive offers, but against the dynamics of reindustrialization in Europe“. BYD, Great Wall Motors, DongFeng and Geely…
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Source: Le Figaro
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.