🌐 MacroJune 11, 2026
ASML, Chinese EVs, and the Battery Trap: Is Europe’s Green Dream Turning into a Deindustrialization Nightmare?
Europe’s automotive heartland is under siege. In 2025, the continent’s vehicle production remained 15-20% below pre-pandemic levels, with capacity utilization hovering around 55% at many plants. Tens of thousands of jobs have already vanished—90,000 in the auto sector in 2024 alone—with forecasts of hundreds of thousands more at risk in manufacturing and supply chains.
Nakitte Featured10 min
