3 hrs ago
US Automakers Press Congress to Restrict Chinese Vehicles
US car companies want Congress to limit Chinese electric vehicles.
They are worried that Chinese companies receive government subsidies that help them make cars cheaply.
China currently sells and exports more electric vehicles than any other country.
Chinese companies also make many of the batteries used in these vehicles.
John Bozzella, who leads an auto industry group, asked lawmakers to act before the end of the year.
He also warned about software and computer equipment connected to the cars.
The automakers say Chinese vehicles could take a large share of markets around the world.
They fear this could make it harder for US companies to compete.
The article says similar concerns could also arise in India.
The Alliance for Automotive Innovation urged Congress to ban Chinese vehicles, software, and hardware before year-end.
CEO John Bozzella warned that subsidized Chinese automakers could gain overwhelming footholds in global markets.
China leads global electric-vehicle sales and exports and produces a large share of rechargeable EV batteries.
The automakers argue that Chinese government subsidies have accelerated production and innovation.
The group warned that unrestricted Chinese competition could weaken US manufacturers, with similar concerns potentially emerging in India.
- Who
- The Alliance for Automotive Innovation, representing major automakers, and its CEO John Bozzella urged the US Congress to act.
- What
- The group called for legislation barring Chinese vehicles, connected software, and hardware from the US market.
- Where
- The proposed restrictions concern the United States market, while the warning addresses Chinese competition in global markets.
- When
- The appeal was made on a Thursday, with the group seeking legislation before Congress adjourns this year.
- Why
- The automakers say Chinese government subsidies, production scale, and connected vehicle technology could give Chinese manufacturers an overwhelming competitive advantage.
Key facts
- Advocacy group
- Alliance for Automotive Innovation
- CEO
- John Bozzella
- Requested action
- A ban on Chinese vehicles, software, and hardware
- Proposed deadline
- Before Congress adjourns this year
- China's EV position
- China leads global electric-vehicle sales and exports
- Battery production
- Chinese companies produce a massive share of rechargeable EV batteries
- Main concern
- Subsidized Chinese manufacturers could gain a dominant market position
Quotes
John Bozzella
CEO of the Alliance for Automotive Innovation
“This hasn’t happened inside the US yet, but given the scale and urgency of this threat, we urge you to enact a Chinese vehicle, software and hardware ban before adjourning this year and make this policy the law of the land.”
firstpost.com
Sources
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