Despite the litany of import tariffs placed on Chinese electric vehicle exports, recent data has revealed that Chinese auto companies are making a killing. China’s EV industry is booming and some experts say that the ongoing boom is thanks to support from the West. According to one auto industry expert, China is now the largest vehicle manufacturer on the globe.
As Western-based companies like QuantumScape Corp. (NYSE: QS) are working to bring to market superior battery chemistries, such as…
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