schizoidman@lemmy.ml to

News@lemmy.worldEnglish · 5 days ago

Prospect of low-priced Chinese EVs reaching US from Mexico poses threat to automakers

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Prospect of low-priced Chinese EVs reaching US from Mexico poses threat to automakers

schizoidman@lemmy.ml to

News@lemmy.worldEnglish · 5 days ago

America’s auto industry has grown concerned that Chinese carmakers may be preparing to set up shop in Mexico to exploit North American trade rules.

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5 days ago
Well at least whatever profit Kia can’t make in China due to the low price. They can hopefully gain back from markets outside China thanks to the lack of competition driving prices down.

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