TL;DR: US loves oil and China is sniping all the cheap EV markets.
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This means how we are addicted to cars.
Less cars = less money transferred overseas.
However, guess which makers manufactures EV buses and are popular in the Europe.
Fortunately, we have good local brands.
yeah, imagine how much more efficient the western economies would be if they didn't have this crippling dependency on a trillion dollars of gasoline a year and trillions of dollars worth of cars.
Saudi Arabia and Russia would go broke overnight. Entire government debts would be written off.
Anyone who knows anything about Communist China has been telling you that the entire time. There's a reason they're flooding the global market with EVs at pretty much a loss.
And the Western companies have just been sticking their heads in the sand and selling more gas guzzling SUVs. And when the Chinese eat their lunch they'll keep bawling until they get another government handout. And yes, those Chinese get lots of subsidies, but so do the Western car companies. Buy those just go to enrich the shareholders.
That's my conclusion too. Made in China meant cheap crap in the past. Then they improved on electronics and computers, and now they make cars as good as the ones that famous European brands make, but way cheaper. Car makers and governments seem terrified by this and don't know how to react except by putting tarifs and taxes on imports. Make an affordable car that everyone can have? No, blame the other countries instead.
People start to see that "Buy European cars at all cost!" is old propaganda rebranded to save car makers who sat on their asses, but since the middle class is becoming poor, I'm sure a lot of people will buy Chinese brands as they are more affordable even with tarifs. I try to encourage local stuff whenever I can, but it stops when I have to eat instead.
That conclusion is no surprise. It's exactly what the Chinese said they were going to do and they've been loyally following the plan. They've been using the inherent weakness of market systems against itself. Of course other car makers and governments are terrified as they have to do the unthinkable and abandon shareholders and short term profits and strip more freedom from the free market.
I'll be buying a Chinese car even if they aren't cheaper. I'm sick and tired of western car companies and their games. They fought tooth and nail to try to stall the green transition and keep oil going for as long as they could.
I'm thoroughly disgusted by them. We could have had electric cars years ago, instead they buried it and then, when that didnt work, they tried to make it a luxury item.
Anyone who calls capitalist China, communist, is not someone who knows anything.
We can call it west Taiwan if you prefer that.
Early 20th century analog: politics in the US and Canada is beholden to the steam engine lobby, while China is moving to corner the combustion engine market.
We've been telling conservidiots that climate change is a national security threat for decades. But nooooo, they keep rolling coal like the knuckleheads that they are all the while pretending they are smart independent free thinkers. Fucking idiots, man.