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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

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