Mmastodon TechnologyAI first seen 1 d ago, last 1 d ago, peak #10
Hyundai CEO urges level playing field against Chinese EVs
Original: 📰 Hyundai CEO says only a ‘level playing field’ can minimize damage from China There's been a lot of doom and gloom from
Hyundai's chief executive says only a fair competitive environment can limit the damage Chinese automakers are inflicting on the global car industry. His comments echo growing alarm among Western automakers over low-cost, high-tech Chinese electric vehicles undercutting established manufacturers in pricing and technology.
Why now: Concern is mounting in the auto industry over the rapid rise of cheap, competitive Chinese electric vehicles.
Evidence
- 📰 Hyundai CEO says only a ‘level playing field’ can minimize damage from China There's been a lot of doom and gloom from the auto industry lately when the subject of China comes up. Automaker CEOs, in particular, warn that allowing low-cost, high-tech Chinese electric… · feed@igeek.gamer-geek-news.com
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