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China’s Electric Vehicles Are Going to Hit Detroit Like a Wrecking Ball (www.nytimes.com)

submitted 8 months ago by [email protected] to c/[email protected]

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[–] [email protected] 25 points 8 months ago

We export $55B in automotive cars and parts annually. If China gets a foothold in Mexico or starts dominating markets in Europe or Indonesia or India, the Americans are in for a lot of pain long term.

There's also a demoralizing effect of foreign countries having better cars than the states. Japan really fucked the American psyche with Toyota's global dominance.