EVsRest of Worldabout 5 hours ago
What happened to China's overseas EV factory boom?
1 min read
Between 2020 and 2024, Chinese EV and battery giants BYD and CATL prioritized domestic production over overseas factories. Data from Rhodium Group shows completed foreign direct investment is a small fraction of exports. U.S. 100% tariffs and a software ban keep Chinese EVs expensive and inaccessible in America.
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