A ‘Made in China’ Crisis Awaits Big Auto

From Bloomberg

In an echo of how China upended the solar panel industry, it has built a staggering amount of auto manufacturing capacity, enough to make more than 50 million passenger vehicles, of all types, a year. That is roughly double domestic demand and enough to satisfy more than half of the global market.

It’s a time for radical moves in autos.

The Asian nation’s EVs and exports, coupled with rising protectionism, promise a year of restructuring ahead.