Chinese Regulation Is Going To Crush Legacy Auto
In 2015, the Chinese government implemented regulation that were going into effect in 2023. This was around emissions and environmental policy.
In this video I discuss how millions of ICE vehicles already fail these standards. The implementation was delayed 6 months to allow companies to comply. They had 7 years to get their ducks in a row. We are going to see millions of cars built that cannot be sold in China.
This is really going to hurt those without a strong EV lineup.
▶️ 3Speak
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