Chinese EV makers are planning factories in Mexico—and the U.S. is worried it’s a ‘back door’ to undercutting the Big 3 carmakers

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Chinese EV makers are planning factories in Mexico—and the U.S. is worried it’s a ‘back door’ to undercutting the Big 3 carmakers​

BYSTEVE MOLLMAN
December 30, 2023 at 7:00 AM EST

GettyImages-1650605528-e1703888422701.jpg

A BYD Seal electric vehicle at an auto show in Munich in September.
KRISZTIAN BOCSI/BLOOMBERG VIA GETTY IMAGES
Electric vehicles made in China—boosted by large government subsidies—are rapidly being adopted around the world. Over the past three years, China’s EV exports have jumped 851%, the New York Times reported in October.
 

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