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How Chinese Carmakers Plan To Bombard America With Affordable Electric Cars

13 Oct 2023 | Abstracted from The Street

"Chinese manufacturers are still confident in the land of the Stars and Stripes, and have a long, drawn out strategy that involves an unlikely player [Mexico].

"Chevrolet Trax and GMC Sierra, as well as the all-electric Ford Mustang Mach-E are all produced south of the border..the U.S. Inflation Reduction Act of 2022 allows certain EV’s made in North America to qualify for the full $7,500 federal tax credit."

"...the problem that Chinese manufacturers currently face when selling electric cars in the U.S. is the fact they are Chinese."



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