this post was submitted on 28 Dec 2025
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Legacy Automakers Abandon EVs for short term profits. How the West Just Handed the Auto Industry to China. (hexbear.net)
submitted 3 months ago by Yuritopiaposadism@hexbear.net to c/sino@hexbear.net
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cross-posted from: https://hexbear.net/post/7179114

Western automakers are pulling back from EV investments amid weaker policy support and slowing demand in the US and Europe, risking loss of technological leadership. China’s EV firms like BYD and others continue to surge, leveraging scale, cost advantages and strong domestic markets to expand global reach

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