Trump has just accelerated Europe’s electric vehicle reckoning
As US carmakers gain political cover to delay EV development, Asian companies can expand at greater scale
As US carmakers gain political cover to delay EV development, Asian companies can expand at greater scale

US president has threatened to raise levies to 25% if EU does not implement last year’s trade deal

Hit by high EV tariffs, Chinese auto groups have pivoted to selling cheaper, technologically advanced vehicles

White House backing for petrol-based cars poses dilemma for many automakers

Higher levies mean rising costs for importing into the US, parts procurement and supply chain adjustments

Levies on cars and trucks exported to US will be imposed ‘next week’ unless companies manufacture at American plants

Contraction in US and cooling Chinese demand are expected hurdles for market