Low-priced Chinese EVs from Mexico pose threat to US automakers
WASHINGTON, D.C.: The potential influx of low-priced Chinese electric vehicles (EVs) into the U.S. market via Mexico is causing concern among American automakers.
This scenario could disrupt the domestic EV market, where homegrown EVs, averaging US$55,000, would struggle to compete against their significantly cheaper Chinese counterparts.
Chinese automakers could leverage North American trade rules to se