Earlier quoted context omitted.
China, being a superpower, has a vested interest in bringing other superpowers down a peg as well as increasing other countries' dependence on China. Their state has a serious incentive to ship out cheap cars to destroy the automotive industry in the US and the EU for example. When that happens they can double the price on all their vehicles and you can't restart your car factories to compete with them again until ye…
How come this price hike hasn't happened with solar panels, inverters, telecom equipment, batteries etc. It's been a while that such industries in europe have become obsolete
It actually began a few months ago regarding solar panels and batteries [1].
[1] https://www.reuters.com/sustainability/climate-energy/china-...