Home Business-new Chinese carmakers plan to take over the US market with affordable electric cars

Chinese carmakers plan to take over the US market with affordable electric cars

by Yucatan Times
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One of the United States’ largest industrial competitors is China. Reminders of this are in everyday consumer items from the computer or smartphone you’re reading this article on, to the shirt on your back, but there is one area that they are dominating in outside the United States.

While the Chinese increase their global market share of electric vehicles, data shows that consumers in the States is struggling to adopt EVs. Caveats like the lack of a robust charging network and, more importantly; the high cost of electric vehicles in the U.S., turns off many buyers before they get a chance to hit the road.

However, 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!

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