Nazak Nikakhtar on LinkedIn: Elon Musk says Chinese EV makers will 'pretty much demolish' most…
I remember when we were working diligently to address the treats facing the domestic auto industry in 2018. The protest this drew from some in the U.S…

Nazak Nikakhtar: "I remember when we were working diligently to address the t[h]reats facing the domestic auto industry in 2018. The protest this drew from some in the U.S. Congress and the global auto industry was unbelievable. Yet, we were correct. The U.S. and our allies' auto industries are under serious threat from China's growing capacity and predatory economic practices."

Elon Musk says Chinese EV makers will ‘pretty much demolish’ most competitors without trade barriers
Companies including BYD, Nio and Xpeng have expanded sales outside of China in the last two years, looking to take on established automakers, including Tesla.

#China #economicsecurity #nationalsecurity #supplychains #internationaltrade #autoindustry #autos #electricvehicles