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Japanese companies, which have been front-runners in gas-electric hybrid vehicles, need to quickly adapt to market changes toward electric vehicles.

Japanese companies, which have been front-runners in gas-electric hybrid vehicles, need to quickly adapt to market changes toward electric vehicles.
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Marcus Berret , Roland Berger ,

electric vehicles: Did Europe just start a trade war with China over electric cars?

The European Union (EU) has launched an investigation into China s financial support for its electric vehicle (EV) industry, fearing that the surge in Chinese EV exports could put millions of auto jobs in Europe at risk. The investigation could result in new EU tariffs on Chinese EV imports, potentially leading to a global subsidy war. The move by the EU, along with the US imposing tariffs on Chinese EVs, reflects a broader trend of governments seeking to secure supply chains and protect key industries, which could lead to economic fragmentation. ....

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