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.
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Business News Today

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