The operator of one of the world’s busiest seaports changed its entire landscape to handle its “precious cargo” of imported electric vehicles from China, including “constructing a dozen wind turbines on the quayside; on-site battery recharging options; quality control and a ruthless hunt for the slightest defect to deliver ready-to-use cars to customers.”
Only to see unsold electric cars stacking up like pancakes.
The Belgian port of Zeebrugge handles up to three million EVs each year, moving them off of cargo ships and onto trucks for delivery to impatient dealers and their happy customers. “This is the future,” a vehicle processing center manager told Euronews on Tuesday.
The future seems to be arriving a bit late, unlike the unending stream of unwanted EVs to Zeebrugge’s processing centers.
“Instead of supplying an endless stream of China-made EVs to buyers,” the report continued, “rows and rows of automobiles gather dust in the car park, reportedly due to oversupply.”
Reportedly? Do they think we’re stoned?
There are a couple of things going on here. One is geopolitical and is comparatively easy to deal with. The other is something from Econ 101 so basic that even your typical journalist should vaguely remember it from freshman year — but that also makes it a bit more difficult for Eurocrats to come to grips with.
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