Global EV Price War Looms as US and China Compete for Market Dominance

Futurism Tech Brief By HackerNoon

This story was originally published on HackerNoon at: https://hackernoon.com/global-ev-price-war-looms-as-us-and-china-compete-for-market-dominance.
Follow the competition in the global EV market as US and Chinese automakers engage in a price war, leading to potential job losses and market disruptions.
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The electric vehicle (EV) market is heating up in the global arena with the US and China gearing up for yet another price war. While US car giants are slashing prices, China is negotiating hard to set up shop in Europe. In fact, the pending EV competition in Europe could mean job losses in the future.