Trucks and tariffs are a disastrous combination for big auto
- Posted on April 29, 2025
- By Business News Today
- 2 Views

Trucks and tariffs are a disastrous combination for big auto

Chinese companies like BYD and CATL are leading the electric vehicle revolution with innovations like ultra-fast charging, posing a significant challenge to US automakers. While EVs gain global market share, China dominates battery technology and offers cheaper models. The US auto industry faces disruptions from EVs, advanced driver-assistance systems, and China's growing dominance, potentially leading to Detroit's decline.