EU has a different angle to China with EV'S.. But it might get ugly !!
China has given EU Nations incentives with cheap land/ tax cuts to set up in China..the candy as to say..
China during this time has pumped millions/ billions into auto share buy-ups to have a say in EU car manufacturers!
This has helped EU manufacturers to export their cars to China as well.. win /win
But now Governments are concerned with the new low cost EV'S flooding EU markets....in time this will send the auto industry broke?
if China exports their $10,000 USD cars to the EU...Tariffs will be needed to balance this out...." Not doing so would be political madness"....selling out the EU workers will cause riots in the streets...the French will burn its Government down!
Interesting year ahead !!!
EU has a different angle to China with EV'S.. But it might get...
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Last
3.3¢ |
Change
-0.001(2.94%) |
Mkt cap ! $339.6M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.4¢ | 3.3¢ | $497.3K | 14.89M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2143921 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 6873235 | 21 |
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| Last trade - 10.46am 09/10/2024 (20 minute delay) ? |
| SYA (ASX) Chart |