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Event Brief

US, Europe retreat from electric cars risks ceding race to China

Global sales of electric cars are still forecast to increase by 16 per cent in 2026.
WHO: US and European automakers
WHAT: Retreat from electric vehicle production
WHEN: Dec 16, 2025 at 7:00 PM ET
WHERE: United States and Europe
WHY: To avoid losing market share to China
Sources (1): Straits Times

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