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AAM Calls Cheap Chinese EVs Built In Mexico “An Extinction Level Event”

CleanTechnica EVs

Cars built by Chinese companies like BYD in Mexico could have a devastating effect on American manufacturers, according to AAM. The post AAM Calls Cheap Chinese EVs Built In Mexico “An Extinction Level Event” appeared first on CleanTechnica.

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Biden administration considers penalties for Chinese EV companies in Mexico

Teslarati

The Biden Administration is considering penalties for Chinese electric vehicle (EV) automakers who are moving production to Mexico. We’re not going to let China flood our market making it impossible for American auto—auto manufacturers to compete fairly. It was considering a site in Nuevo León, where Tesla plans to build Giga Mexico.

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Mexico Won't Offer EV Incentives to Chinese Automakers

The Truth About Cars

Chinese automakers are expanding into Mexico, with companies like BYD opening dealerships across the country. Mexico is no stranger to Chinese auto companies, as there are around 20 already selling vehicles in the country. They also want to take action to protect American EVs from cheap or subsidized Chinese models.

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Report: Ford's EV Skunkworks Team to Create Three Affordable Electric Models

The Truth About Cars

However, the threat of China flooding the market with cheap electric models is too frightening to ignore. That said, Chinese EV manufacturers building vehicles in Mexico could get around that tariff, as goods produced south of the border don’t have financial penalties attached to them, thanks to the U.S.

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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

Credit: BYD At the same time, many automakers including Tesla are racing to build their next-generation, mass-market EVs, set to first be produced in Texas as soon as 2025 , then later at an upcoming factory in Mexico , and eventually at a yet-unannounced third location. auto sector,” the organization writes.

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11 Intriguing Engineering Milestones to Look for in 2023

Cars That Think

It’s about one-twentieth the size of the minibus-scale geostationary satellites already in orbit, allowing for cheap and quick deployment. Modular Nuclear Power is Nucleating Korean manufacturer Doosan is set to start producing components of what could be the world’s first modular nuclear power plant, in late 2023.

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LIVE BLOG: 2023 Tesla Investor Day

Teslarati

But the team is back, and Elon comes out and shows a render of Giga Mexico. Giga Mexico will be built in Monterrey. Tom notes that Tesla currently have 65,000 manufacturing employees. 16:51 CST – Elon notes that Optimus utilizes Tesla’s expertise in manufacturing. 18:10 CST – Five-minute break!

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