China Continues it's push in the New Energy Vehicle Market🚘🚨Over the trailing twelve months (TTM), new energy vehicles accounted for 51% of China’s total auto export value, compared to just 22% in the U.S.Additionally, it’s clear that China is investing heavily not only in EVs but also in PHEV's, which now account for roughly 20% of total export value.One needs to ask what this means for the auto IDM's. The US and Europeans have invested heavily in local partnerships but are now at risk of losing Chinese business to BYD, Silan etc.$IFX $STMicroelectronics NV(STM.US) $ROHM $TI $Nuveen Select Tax Free Income Portfolio(NXP.US)Source: Chips &amp; Wafers