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Germany’s Biggest Employer to CLOSE Major Factories as China Tells EV Giants “HALT EU Expansion”
8 months ago
157
Viral
Politics
Germany
EVIndustry
China
FactoryClosure
EconomicImpact
ElectricVehicles
AutomotiveNews
EUExpansion
JobLosses
Germany’s Biggest Employer to CLOSE Major Factories as China Tells EV Giants “HALT EU Expansion”
German automaker giant Volkswagen has signalled the unthinkable. They are moving to shut down three plants and layoff thousands of workers. This is a signal of Germany's industrial crisis escalating out of control. But the story gets worse, China is asking their EV giants to stop any expansion into the EU. The tariff war is starting to backfire badly on Europe's economy.
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