A Million-Dollar Chinese Car Is Europe’s Next Threat
Bloomberg reports that the amazing come-back of the Chinese Hongqi car brand threatens to further escalate the clean technology trade war with Europe.
The Hongqi L5 might not be the most obvious risk to Europe’s struggling auto industry. Weighing in at more than three tons, as long from bumper to bumper as a four-berth campervan, made in minute numbers and available only to carefully-vetted customers, the world’s only million-dollar car comes with a green-and-purple interior that makes it look less like an economic... ...
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