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Asia

Demand for affordable EVs will force open US market to Chinese models eventually: analysts

Business - South China Morning Post · 1h ago · 🇨🇳 China

Demand for affordable EVs will force open US market to Chinese models eventually: analysts

Consumer demand for affordable electric vehicles is likely to force open the US market to Chinese electric vehicle (EV) brands within the next few years, even though they currently face trade barriers, according to analysts. US carmakers are expecting the same, with Ford CEO Jim Farley recently predicting the entry of Chinese EVs as early as five years. Farley, one of the most outspoken voices in the US automotive industry on the competitiveness of Chinese EVs, told Ford’s staff two weeks ago...

Read the full story at Business - South China Morning Post →

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