There's a new trade war brewing - over global dominance in the electric car market

There's a trade war brewing between China and the West, at stake is who will dominate the global market for electric vehicles. Outside the port city of Ningbo, Chinese car company Zeekr is rolling out luxury EVs and growing fast. The factory has only been up and running for three years, but this year it's more than doubling production. Zeekr is a new player in the EV market, but it has unbridled ambition to sell its high-end, high-tech cars abroad.

'Obviously you can see why Europe is fearing them and taxing them as well.' This week US Secretary of State Antony Blinken is in China. Trade tensions are on the agenda, alongside the world's geo-political crises. The US already imposes a 27.5% tariff on Chinese cars. But in Europe it's only 10% and that makes companies like VW, Volvo and BMW increasingly nervous.

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