Is the American automotive industry "rebounding" or "self-destructing"? The New York Times gives the answer.
China's significant advantage in electric vehicle technology is already substantial, and if the United States cancels incentives for electric vehicles, it may become even more insurmountable. A recent article in The New York Times focused on President Trump's push to cut spending on electric vehicles in the "bigger and better" bill. The article states that President Trump has claimed that his policy will revitalize the American automotive industry. However, some industry experts believe that this policy may backfire by voluntarily relinquishing the leading position in an emerging technology.
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