US and Europe accuse China of overproduction and dumping electrical automobiles on international market

The US and Europe have accused China of overproduction and dumping electrical automobiles on the worldwide market.

More than half of all new electrical automobiles offered worldwide are from China and it may well make them cheaper and sooner than its rivals.

Europe is investigating placing tariffs on Chinese electrical autos and the US have referred to as them an ‘existential risk’ to America’s auto business.

Read extra: https://news.sky.com/story/theres-a-new-trade-war-brewing-over-global-dominance-in-the-electric-car-market-13123086

#skynews #carproduction #china

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