Europeans are massively choosing models that offer better performance at a lower price. The demand for hybrids and electric cars is particularly increasing.
Chinese automakers have access to a range of domestic subsidies, including grants, cheap land plots, and financing, which reduce their cost of production.
They can also benefit from government support in Europe. For example, in Germany, the government has launched a new program to stimulate sales of zero-emission cars worth 3 billion euros, as well as subsidies for hybrids for low-income families. As a result, since the introduction of subsidies, the biggest sales growth in Germany has been demonstrated by Chinese brands, particularly MG and BYD - by 50-75%.
The European Union is striving to protect its automakers, such as Volkswagen, Stellantis, and Renault, but the additional tariffs imposed by Brussels, which came into effect in 2024, only apply to fully electric cars made in China, while the trade barriers for hybrids are lower.
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Intel Slava
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Intel Slava
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Intel Slava
Fridayโs U.S. strikes do not reflect a return to major combat operations, at least for now.
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Intel Slava
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โThey killed him, they killed him.โ
โThat's enough, thatโs enough, stop! He's not moving, and they're still hitting him.โ
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Intel Slava
But violence will be met with violence.
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Viktor Leonov
๐บ๐ธโ๐ฎ๐ท โ UPDATE: US ATTACKED IRAN AGAIN
As we have stated many times, there is no confidence in a peaceful agreement. The US is just preparing for another wave of strikes against Iran, and they did it again tonight. The IRGC will respond, and further escalationโฆ
As we have stated many times, there is no confidence in a peaceful agreement. The US is just preparing for another wave of strikes against Iran, and they did it again tonight. The IRGC will respond, and further escalationโฆ
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Yet no strike is confirmed, but I think they will strike very soon, in the next few hours, since it has become a routine pattern for the IRGC to share statements before strikes happen.
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