China v EU: The fight for Europe’s electric vehicle market

China v EU: The fight for Europe’s electric vehicle market

China’s affordable electric vehicles could help meet ambitious climate goals while putting in a strain on European jobs.

The world’s most affordable electric vehicle is produced in China. To meet ambitious climate goals, Europe requires them.

Imports, however, could derail European automakers. Which side will find a compromise?

Also this week, President Trump is working to lower US interest rates. Will that increase domestic inflation, though? What exactly is the global effect?

Source: Aljazeera

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