Chinese electric vehicles are making headway in North America. This worries industry experts.

Chinese electric vehicles are making headway in North America. This worries industry experts.

DETROIT (AP) — Chinese automakers have been making strides around the world with growing sales of their high-tech, stylish and affordable electric vehicles. This has worried competitors even before Canada agreed this week to reduce its tariffs on Chinese electric vehicles in exchange for concessions on Canadian agricultural products. Invest in gold Powered by Money.com:…

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Major automakers say China poses ‘clear and present threat’ to U.S. auto industry

Major automakers say China poses ‘clear and present threat’ to U.S. auto industry

By David Shepardson WASHINGTON, Dec. 11 – Major automakers on Thursday urged Washington to block Chinese government-backed auto and battery makers from opening manufacturing plants in the United States, warning that the industry’s future is at stake. The Automotive Innovation Alliance, which represents General Motors, Ford, Toyota Motor, Volkswagen, Hyundai, Stellantis and other major automakers,…

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