Chinese EVs have successfully infiltrated the European market. Now, they’re gearing up to bring their cutting-edge, low-cost electric vehicles to America. How will this affect home-grown brands?
For years, Chinese carmakers have been laying the groundwork to enter the US market. Despite the political tensions in 2023, between the United States, NATO, and the Chinese Communist Party, it appears they’re closer than ever, to making their American debut.
A wave of affordable, high-tech EVs from China, could soon hit American dealerships, exciting budget-conscious consumers.
In China, the e-car industry has erupted, so it comes as no surprise, that they want to expand their sphere of influence, to other regions.
In 2022, EV sales in the US, reached a record high of 800,000 cars. Yet, in the Asian giant, a staggering 5 million EVs were sold.
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