Just 19 of China’s 137 current electric car brands will be profitable by the end of the decade, leaving the rest to exit the industry, consolidate or battle for a minor market share, according to consultancy Alixpartners.
Just 19 of China’s 137 current electric car brands will be profitable by the end of the decade, leaving the rest to exit the industry, consolidate or battle for a minor market share, according to consultancy Alixpartners.
Tariffs that the Trump administration has imposed over the past few months have shaken the auto industry, pushing manufacturers to rethink strategies and supply chains. Automotive News breaks down everything you need to know about the tariff impact on the industry.