In today's technology wave, new energy vehicles have undoubtedly become a new highland for competition among countries. As the world's second largest economy,China has now become the number one in the global sales list of electric vehicles.
The US government has shown unprecedented anxiety,In recent years, the restrictions and crackdowns of the United States on China's new energy vehicle industry have emerged in an endless stream.
From raising tariff barriers to creating "overcapacity" and other attacks,The US side wants to block the development of Chinese electric vehicles in the US market at all costs.
What does America want?Are their "sanctions" really useful?
Information source: Observer -- the United States is exposed to raise the tariff on electric vehicles to 100% in China as soon as next week, and also to start with medical devices -- May 11, 2024
Competition between China and the United States in new energy vehicle industry
In May 2024, while US Treasury Secretary Yellen hyped the so-called "China's overcapacity theory", the Biden government directly announced that it would significantly increase the tariff rate on China's new energy vehicles and related products,This includes raising tariffs on electric vehicles to 100%.
Chinese new energy vehicle enterprises have not retreated, but have emerged in the global market,With its cost-effective products, many domestic brands have successfully developed overseas markets, fully demonstrating the strength and potential of China's new energy vehicle industry.
Reference source: Beijing Daily client -- Yellen talks about "China's overcapacity" again, and the Ministry of Foreign Affairs refutes that only state officials are allowed to set fire, and people are not allowed to light lamps
BYD can be said to be the leader of China's new energy vehicles "going to sea". This year, after the company significantly lowered the price of its flagship model, Qin PLUS,Orders exceeded 23000 vehicles in the first week of listing, causing a warm response from the market.
In the new energy vehicle industry competition between China and the United States, who will prevail?Where will the situation go?
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