Joe Biden has warned Chinese electric cars are a threat to US national security, as he ordered a sweeping investigation into whether the vehicles can be exploited for spying.
US News: WASHINGTON: The United States is opening an investigation into whether Chinese vehicle imports pose national security risks and could impose restricti.
Britain is poised to launch an investigation into cheap Chinese electric vehicles coming onto the market amid fears a flood of cars subsidised by Beijing will destroy local manufacturing.
Dan Ives, senior equity research analyst with Wedbush Securities, says Chinese EV makers like BYD, Nio and Xpeng are now "setting their sights on Europe".
Japan’s first attempt at selling cars to Britons went spectacularly badly. The tiny Daihatsu Compagno – which to the casual observer resembles any other small saloon from the Sixties – was technically pretty competent and moderately well-received by European critics. Yet it was too expensive and too slow to attract buyers away from British or Continental marques.