Chinese EV makers expand globally as competition and tariffs shut them out of the US market
Chinese EV makers are expanding globally as domestic competition and a slowing economy squeeze profits.Many, like Changan Auto, are building overseas plants in countries such as Brazil, Egypt, and Thailand.
Overseas markets now account for a growing share of revenue for Chinese carmakers.
The US market remains largely closed due to 100% tariffs imposed by former President Biden.
Trump has vowed to bring car production back to the US, but China retains a key edge: integrated supply chains.
Chinese EVs benefit from locally sourced batteries and AI, making them more affordable in emerging markets.
In 2024, China exported over 6 million cars, with top buyers including Russia, Mexico, the UAE, and Belgium.
Al Jazeera’s Katrina Yu reports from Chongqing in central China.
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