Corporate News
Chinese electric cars will reduce UK emissions but what about rivals here?

The UK is facing a dilemma: should it fight the rising imports of Chinese electric cars with big new tariffs, in the same way the EU has threatened to do this week? Or should it allow them to continue? Keeping open to the imports in would make it easier for the UK to hit its goal of no new petrol and diesel cars by 2030, and it would make electric cars cheaper. But the UK car industry could be damaged. The British car industry is showing off its green electric future at a Bedfordshire racetrack, and behind the marques, some familiar, some less so, there is a new force. China is cornering the market in electric vehicles. A friendly man from Chinese firm BYD shows me the Atto.

News Source:- https://www.moneycontrol.com/news/business/turkey-proposes-alternative-to-india-middle-east-trade-corridor-11383891.html