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Chinese EV Makers Turn Abandoned Western Factories Into Global Launchpads
Chinese EV Makers Turn Abandoned Western Factories Into Global Launchpads
Chinese EV companies are rapidly expanding overseas by snapping up unused factory space from struggling Western automakers, many of whom are downsizing traditional gasoline-car production, according to Nikkei.
Stellantis recently opened plants in France and Spain to partnerships with Dongfeng and Leapmotor. At the same time, Geely is expected to restart an idle production line at a Spanish factory owned by Ford Motor Company. The trend reflects a broader shift in the auto industry: Chinese EV makers are expanding aggressively while...
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Jun 22, 2026 / Tyler Durden
Zero Sum: Cities Have Little To Show For Big Spending
Zero Sum: Cities Have Little To Show For Big Spending
Authored by Jeremy Portnoy via RealClearInvestigations,
America’s largest cities are increasing their spending at almost unprecedented rates.
A RealClearInvestigations (RCI) analysis of cities with at least 500,000 residents found they cumulatively raised their per-person spending by 18 percent over the last 10 budget cycles, accounting for inflation. The only equivalents on record are the spending surges ignited by the Great Society programs of the 1960s and Franklin D. Roosevelt’s New Deal during the 1930s.
But unlike those past eras, today’s cities do not have...
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Mar 12, 2026 / Ryan McMaken
Only Power Can Check Power
The radical classical liberals of the past were not so naive as to think that words on paper would prevent the abuses of the central state. Allowing the central state to have a monopoly on coercive power is always a mistake.
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Mar 16, 2026 / Dave DeCamp
Iran Says US-Israeli Strikes Have Killed More Than 400 Women and Children
Iran’s Health Ministry said on Sunday that US-Israeli strikes in the country have killed at least 223 women and 202 children since the US and Israel launched the war on February 28. The ministry said that the toll includes three pregnant women and 12 children under the age of five. The majority of the children […]
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