Say goodbye to the U.S. car market as we know it: Cheap Chinese EVs are coming - Autoblog

  • 📰 therealautoblog
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Say goodbye to the U.S. car market as we know it: Cheap Chinese EVs are coming

History may repeat itself. Chinese EV manufacturers can gain a foothold in the U.S. by coming in at a budget price point, analysts said.electric vehicles

But as political tensions between China and the U.S. intensify, entry into the American market could be more painful for China than it was for Japan or Korea. In addition toanxieties from consumers who may be less likely to support a Chinese brand, analysts said, lawmakers are likely to apply more scrutiny to any Chinese company with plans to operate in the U.S.

, America's cheapest EV, by the end of 2023 and use that factory to build pricey electric pickups instead. One of China's most popular EVs is the

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 528. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cheap Chinese electric cars about to upend the US vehicle marketInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »