Geopolitical Tensions Cast Shadow Over EV Industry

Chinese EV battery maker

Energy plans to shut its European operations by January 2025, in a move that clearly points to China’s retreat from the market - and declining EV sales in Europe, according to Nikkei. to shut all of its European operations, including its Frankfurt office, according to the same report. The Nikkei report says that all

has not commented on the matter. In 2020,

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