LIVONIA, Mich. — A tiny, low-priced electric car called the Seagull has American automakers and politicians trembling.
U.S. politicians and manufacturers already see Chinese EVs as a serious threat. The Biden administration on Tuesday is expected tosays in a paper that government subsidized Chinese EVs “could end up being an extinction-level event for the U.S. auto sector.” After the teardown, Woychowski said he was left wondering if U.S. automakers can adjust. “Things will have to change in some radical ways in order to be able to compete,” he said.
U.S. automakers don't often design vehicles this way and incur excess engineering costs, Woychowski said. A brief drive through some connected parking lots by a reporter showed that it runs quietly and handles curves and bumps as well as more costly EVs
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Rate cuts, gold, small business: Market Domination OvertimeInflation continues to make its way through every sector, while the Dow Jones (^DJI) ends its best week since December. Leadership from the Federal Reserve...
Read more »