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I Predict the First Wave of Chinese Cars in the USA will...
...be electric cars.
The Chinese communists recently mandated 8% of all Chinese car manufacturing to be EVs. This forces Chinese car industries to seriously innovate and find a way to sell affordable EVs.
This, in effect, puts China in the same position as the Japanese were in during the 1970 American gas crisis, where the US auto majors were caught with their pants down, while the Japanese grabbed huge US market share with their smaller, gas saving cars.
The Chinese EVs will use the same "playbook". The Chinese will introduce EVs into the US market with hard to resist offers. Again, catching GM, Ford, and Chrysler/Fiat flat footed, but this time with outdated ICE technology.
Thoughts?
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