Big Auto is begging governments to let them go bankrupt as Chinese EVs loom
Baua Electric
MARCH 23, 2024
The auto industry is electrifying, and all new cars will be electric in the relatively near future. BMW, VW and Renault asked European regulators to push back the 2035 gas car phase-out , despite that this timeline has already been loosened. Chinese EV sales have started taking off overseas , particularly in Europe.
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