China's Push for Cheap Electric Vehicles in Europe Sparks Concerns Over Jobs and Competition
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China has gained control of raw materials and batteries needed for electric vehicles (EVs), and is now pushing cheap EVs into Europe.
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Chinese brands like BYD are opening showrooms across Europe and aim to offer low-cost EVs that European automakers can't yet match.
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European consumers are conflicted - Chinese EVs could help meet climate goals, but threaten European auto industry jobs.
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Europe is investigating whether to raise tariffs on Chinese vehicle imports to protect its own industry.
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Some European consumers seem open to Chinese EVs for the cost savings, unconcerned about their origin.