E-car flood from China: “Real danger that European industry will be destroyed”. China produces more than it buys.
The result: cheap electric cars are flooding markets worldwide. Many Chinese customers have ordered around 100 car freighters that are likely to be moored in Bremerhaven a few weeks ago. Many of them are likely. to beMoored at European ports. China’s production capacities are sufficient to supply the high demand for electric cars in this country. Anyone who can't do that will go bankrupt.