Car vehicles in Europe kill their auto industry, and China benefits – Naturalnews.com

European auto industry, which was once global power of innovation and economic power, Now to support lifeThanks to the reckless government’s mandates and the calculated acquisition of China. By forcing an entire future for electricity to unwanted consumers, European leaders signed the death order for their car manufacturers while handing over billions in subsidies to Chinese competitors.

Convert to electric cars (EVS) It was never about the choice of the consumer or demand in the market. Instead, it was a political guidance by the elites who ignored the economic reality. Now, as agents move from European brands to Chinese imports, the consequences cannot be denied. Industry experts warn that the car sector in Europe has no way to recovery – just slow and painful extinction.

Main points:

• European governments have imposed a fully electrical transition, which led to the removal of home car manufacturers with the benefit of China.
• Chinese EV companies, which are backed by state subsidies, flood European markets and replace historical brands.
• Industry analysts describe EVS as “glorious golf carts” that can only produce China at a cheap price and exploit Western policies.
• The UK Motor and Merchants Association (SMMT) surrendered to the government’s demands instead of defending the industry.
• Experts expect that the auto sector in Europe will soon be reduced to a collection line for Chinese Chinese parts.

The death of the auto industry in Europe

Signs Collapse everywhere. Marquis was one day-Volkswagen, BMW, Renault-struggling under the weight of EV did not want consumers and could not bear it. Meanwhile, Chinese brands such as Chery, Jaecoo and Great Wall Motors are expanding all over Europe, leasing former Tesla showrooms and homework displacement.

Nick Moulin, CEO of emissions, does not empty words. “The damage happened – it has reduced the value of the car companies that we had,” he says. “Governments have forced the market technology where only non -European countries can succeed in a competitive market.”

The paradox is brutal. Europe, a pioneer in combustion engines technology, Difficulty in the good risk of the greatest economic power. Now, relying on a geopolitical competitor is facing battery materials, rare ground minerals, and cheap manufacturing.

Long China Game: Economic War in Politics

Beijing did not need a single bullet to pick up the car sector in Europe. Instead, take advantage of the Western Elites obsession with climatic regulations to turn the stadium in favor of it. While Europe sank its industry in the green states, China got control of the supply chain, as Evs remained profitable for Chinese manufacturers. China benefits from mental programming to the anxiety of climate change in the past during the past decade. Climate discomfort has led to policies that the shutter industry and energy independence, and China benefits from the naivety of the West.

One of the vehicles calls the “glorious golf vehicles” these “glorious golf carts”, which highlights the inaccurate outside the urban areas that are tightly controlled. However, European leaders, separated from market facts, continue to double the policies that enrich China.

Paul Homwood, a critic of the mandate of the UK’s zero emissions vehicle (ZEV), notes that subsidies actually pay China’s invasion of British markets. “The suicide state of ZEV receives hundreds of millions of subsidies to the Chinese EV makers.”

Instead of resisting catastrophic policies, car trade groups in Europe surrendered with stupid collusion. The SMMT Factors Association has long pushed EVS, ignoring economic repercussions. Now, with the rise in Chinese imports, these organizations do not have a defense.

Andrew Orlovsky draws a dark future for telegraph: it may still be European jobs, but the profits will flow to China. “More realistic, AutogedDon will witness that local jobs in Europe manufacturing lines are kept, but real profits will be returned to China,” he writes. The question remains: Why did European leaders think this would end differently? Was it naive or something more evil?

Sources include:

CLEATEPOT.COM

WordPress.com

Telegraph.co.uk