US EditionAutomakers Say China’s Auto Industry Poses ‘Clear and Present’ Threat to US Industry
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6 Articles
The U.S. House Select Committee on China held a hearing on Thursday (December 11) entitled "Trojan Horse: The Threat of Chinese Autos to the United States," focusing on the Chinese auto industry's expansion of exports driven by subsidies, squeezing out international competitors, and the potential data security and cyberattack risks posed by "connected smart cars." Lawmakers and experts unanimously warned that Beijing's state-led automotive strat…
Automakers Say China’s Auto Industry Poses ‘Clear and Present’ Threat to US Industry
The rise of China’s government-subsidized auto industry poses a real economic and national security threat to the United States and its major auto manufacturers, experts told members of a U.S. House committee Thursday. “Chinese vehicles pose the same kind of risks in the physical world that TikTok represents in the digital world,” Peter Ludwig, cofounder and chief technology officer of tech company Applied Intuition, told the House Select Commit…
Major automakers say China poses 'clear and present threat' to US auto industry Leading US automakers have urged Washington to prevent Chinese automakers and state-funded battery manufacturers from opening factories. They warn that China poses a direct threat to the US auto industry through subsidies and oversupply.
Major automakers say China poses ‘clear and present threat’ to US auto industry
U.S. automakers urge Congress to block Chinese-backed vehicles and battery makers, citing subsidies, dumping and national security risks. The post Major automakers say China poses ‘clear and present threat’ to US auto industry first appeared on The Journal Record.
The world's largest automakers have appealed to US authorities to prevent Chinese government-backed companies from entering the US market and building factories in the United States. They warn that the future of the entire automotive industry is at risk.
US Automakers Call China ‘Clear and Present Threat,’ Urge Block of Factories
Major US automakers on Thursday urged Washington to prevent Chinese government-backed automakers and battery manufacturers from opening manufacturing plants in the United States, warning the industry’s future is at stake. CATL, the world’s largest battery maker and one of Tesla’s main battery suppliers, started last month constructing a new factory in Spain as part of its expansion plans. BYD, the world’s biggest new energy vehicle (NEV) manufac…
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