$10K For A New Car? How China’s Low-Cost EVs Could Disrupt the Global Auto Market
Doug McIntyre and David Callaway discuss the rapid advancements in electric vehicle (EV) technology, particularly in China. BYD, the Chinese EV giant, has unveiled a $9,555 electric car equipped with AI-assisted driving technology that rivals Tesla’s. While the U.S. slows its EV investments, China is aggressively expanding, potentially dominating global markets. With Europe considering Chinese EV imports, German automakers may negotiate factory deals to maintain jobs.
Sponsor
Find a Vetted Financial Advisor
- Finding a fiduciary financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to 3 financial advisors that serve your area in 5 minutes.
- Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. Get on the path toward achieving your financial goals!
More from ClimateCrisis 247
- Does Elon Musk Hurt Tesla’s Sales? Key numbers Due Could Give a Clue
- Trump Administration Hurts U.S. Solar And Wind Industry With Expected Policy Changes
- Oil Industry Gets Big Win as Renewable Energy Faces Setbacks
- Polar Vortex Disrupts Business with Extreme Cold and Snow