Chinese EVs Gain Traction in Global Markets: Pressuring U.S. and EU Consumers
Doug McIntyre and David Callaway discuss the strategy of Chinese EV companies adopting markets outside the US and Europe, thus pressuring consumers in these regions. They note that positive reviews of Chinese EVs can make US and EU consumers question why they can’t access these cars when other countries can. This pressure could start with car enthusiasts willing to bypass tariffs, which Chinese manufacturers might be willing to absorb to gain market share.
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