US auto makers were too busy doing stock buybacks and building Canyoneros while the Chinese were building next gen factories and investing in battery technology. The Chinese government has subsidized their auto industry to dominate the EV market while the USA subsidizes their auto industry but with wild and often stupid swings in expectations.
US auto makers were too busy doing stock buybacks and building Canyoneros while the Chinese were building next gen factories and investing in battery technology. The Chinese government has subsidized their auto industry to dominate the EV market while the USA subsidizes their auto industry but with wild and often stupid swings in expectations.
That may be true, but do Chinese EVs smell like steak and seat 35?
Didn’t think so.
Canyoneeerrrroooo!!!