this post was submitted on 26 Sep 2024
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[Dormant] Electric Vehicles

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[–] simplejack@lemmy.world 3 points 1 month ago* (last edited 1 month ago)

I bet they were banking on Geely manufacturing to be able to hit ICE price points and profit margins, but then that 100% Chinese EV tax rolled in, and everything they were forecasting went out the window.