We’ve consistently had this read for a long time.
This is the setup.
Something’s brewing but so much has to go right.
The 🇺🇸 🇨🇦 trade war made a 🇺🇸 deal with 🇨🇳 more likely, not less.
President Donald Trump suggested he might be willing to allow a Chinese car company to build electric vehicles in the US if it did so with American workers, while pledging to maintain the effective US ban on imported vehicles from China bloomberg.com/news/articles/…
The CFO of Geely-owned Lotus says the automaker may absorb additional EU tariffs on China-built plug-in hybrids rather than raise prices. The Eletre X PHEV's stronger margins could provide pricing flexibility if new levies take effect. autonews.com/geely/lotus/an…
