Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! BYD news has been flying in. Here are a few more stories. BYD Seal Wins Prestigious Japan Car of the Year Award BYD is on a roll, but even with that said, I was ... [continued]
For the EU, car manufacturing is 7% of the GDP, so of course where they can’t compete they think to stifle their rivals. For the US though, it’s only 3%, so I don’t think it’s beneficial at all, not even through blinkered lenses, they just want to maintain an illusion of dominance, which is a shame as these tariffs both in Europe and the US come at the cost of progress.
I’m surprised, but it checks out with a quick check:
https://www.statista.com/statistics/1128973/revenue-motor-vehicle-manufacturing-european-union/
https://en.wikipedia.org/wiki/Economy_of_the_European_Union
So although the numbers are not the same year, it’s just below 7% comparing 2 years apart. So close enough IMO.
Teamwork is the dream work!
😋