German Sour Grapes By Teeuwe Mevissen, senior macro strategist at Rabobank Sour grapes. According to the Cambridge Dictionary one of the ways to interpret this idiom is: ‘bad behaviour that happens because someone is more successful’. Looking at the current state of affairs in the sector for electric vehicles (EV’s), it is clear that China has been very successful in developing high quality cars that are being offered for very competitive prices. However the German automotive industry is behind in the development of EV’s compared to China and on top of that, faces increasing competition on China’s market from Chinese… — Continue at ZeroHedge News : Read More
