#BrownCarGuy – News, Views & Reviews!
A New Automotive World Order is Emerging with its Epicentre in the East
The car industry as we know it is dying. Not slowly, not gracefully, but choking on its own fumes and grinding its gears to a halt. Legacy carmakers, once mighty titans of the road, are now resembling flailing dinosaurs, desperately stomping around, clueless as to what to do about the massive asteroid darkening their skies and hurtling toward them.
Breaking news! The EU is set to impose hefty tariffs on Chinese electric vehicles (EVs), with rates potentially reaching up to 48%. This dramatic move combines new tariffs with existing ones and is set to take effect from the 4th of July. This decision stems from the EU’s ongoing concerns over heavy subsidies provided by the Chinese government to its EV manufacturers, which is seen as giving them an unfair advantage in the global market.
