this post was submitted on 18 Jul 2026

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Mildly Interesting

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The US auto industry is in big trouble. China now makes 75 percent of all electric vehicles sold anywhere on earth. US automakers make around 5 percent. (www.nytimes.com)

submitted 3 days ago* (last edited 3 days ago) by Zaelaa@lemmy.zip to c/mildlyinteresting@lemmy.world

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[–] Bloomcole@lemmy.world 2 points 1 day ago

Despite having cases of car makers that receive ~~subsidies~~ handouts from EU countries and then leave anyway to produce in China or elsewhere, Belgium just gave Volkswagen 119 million.
Let's see how long it lasts.