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0 pointsgizmo1y ago0 comments

Presumably those cars also have a higher profit margin.

In any event, the EU will impose 30%-100% import tariffs to protect their inferior car industry. This will hurt the European consumer and will hurt European competitiveness in the long term, but car companies are important to Germany and France so import taxes are a forgone conclusion.

https://www.cnbc.com/2024/04/30/chinese-ev-imports-europe-mi...

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DrNosferatu1y ago

Indeed! That way the EU is just blocking my access to affordable electric mobility.

- "But think of the pain that would inflict on 'our' auto industry!", they would say.

...but the EU has no second thoughts on inflicting pain on its citizens. (austerity, inflation/interest rates, etc.)

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