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EU’s Auto Industry Crisis Demands a Brutal Reality Check
As EV demands are dropping and competition is heating up, without concrete measures, the sector risks factory closures and mass layoffs.
As EV demands are dropping and competition is heating up, without concrete measures, the sector risks factory closures and mass layoffs.
With factories closing and German elections approaching, climate targets are suddenly not that important for the Brussels elite.
The carmaker’s announcement comes at a tough time for the ruling left-liberal coalition.