Tag: undercutting

Chinese EV makers are planning factories in Mexico—and the U.S. is worried it’s a ‘back door’ to undercutting the Big 3 carmakers

Electric vehicles made in China—boosted by large government subsidies—are rapidly being adopted around the world. Over the past three years, China’s EV exports have jumped 851%, the New York Times reported in October. But in the U.S., tariffs affecting China’s EV makers have made it nearly impossible for them to compete against vehicles made domestically […]