This is the same as EV Price War. Tesla and BYD wants the opposition to get Bankrupt
by slicing prices with the expense on Margin. This is what Indonesia is doing with Nickel.
Flood the market to destroy weak competition. Competition cry foul play with the ORE Ban but
what about Tax Credit and Tariff imposed by US and Europe Government by putting 25% on
China EV cars or no Tax Credit for anything that got China material on it.
But here is the catch, TESLA main market is China, What happen if TIT for TAT and china
impose the same 25% Tariff on American EV cars too. This why Europe think twice of following
US in challenging Chinese EV car sales in Europe because VW and BMW are selling big time in China.
Same as VOLVO. But we all see china as the Enemy, we put a blind eye on what the west impose on china.
25% Tariff , whew even if US citizens want chinese EV car like Nio, its too expensive.
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