E-car flood from China: “Real danger that European industry will be destroyed”. China's economic difficulties are also becoming a problem for us.
The country produces more than people buy. The result: cheap electric cars are flooding markets worldwide. Many of them are likely to be moored in Bremerhaven a few weeks ago. Many Chinese customers have ordered around 100 car freighters like the one that docked inBremerhaven. And the tiny market of Chinese manufacturers in this country are still growing What can happen if governments don't take measures?