2024-09-17 13:29:08
Automotive
China
Business
The Rising Threat of Chinese EVs to the US Auto Industry
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The Street
Politics
Technology
Economy
House bill targets Chinese EV tech, opposed by UAW, Dingell, Chu. Ford, GM partner with CATL for advanced batteries. Biden Administration opposes bill, citing consumer taxes, job threats, climate impact.
Globes
As the West clamps down, Chinese cars flood Israel
Economy
Politics
Chinese car conquest of 2024 just a prelude, with potential for even greater influx of Chinese vehicles in 2025 due to high local prices and Turkish embargo on exports to Israel.
Yahoo News
Ford's CEO and CFO took a drive in a Chinese EV. What they said next reveals a lot about the state of the US auto industry.
Politics
Technology
Economy
Finance
Alarmed by the dominance of Chinese EVs from Changan and BYD, which have captured over 70% market share in Brazil and Thailand, the US and EU have imposed crippling trade restrictions to shut them out of Western markets. Ford's top execs were shocked by the performance of a Chinese EV during a test drive, seeing it as an existential threat.
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