1 hr ago

Trump May Allow Chinese EV Plants With American Workers

China’s EV Giants Could Enter America, But Trump Has One MAJOR Demand · livemint.com

Donald Trump said Chinese car companies might be allowed to build electric cars in the United States.

He said the companies would need to hire American workers.

He compared this idea with how Japanese carmakers operate in the United States.

Trump said cars made in China and shipped to America would not be acceptable.

He also said cars assembled in Mexico for American buyers would not be acceptable.

Chinese companies such as BYD and Geely are growing in markets around the world.

Their cars are described as affordable and packed with technology.

The main issue is where the cars are built and who builds them.

Key facts

U.S. position: Donald Trump said he could support Chinese automakers opening U.S. plants under certain conditions.
Main condition: The companies would have to employ American workers.
Rejected imports: Trump said Chinese vehicles imported directly into the United States would be unacceptable.
Mexico assembly: Trump also rejected vehicles assembled in Mexico for the U.S. market.
Industry trend: Chinese EV companies are expanding rapidly worldwide.
Named companies: BYD and Geely were identified as Chinese EV giants.
Product appeal: Their vehicles were described as affordable and technology-heavy.

livemint.com · 1 hr ago