Commandité

Greed is Good-Tariffs? Chinese vehicles are already being sold in the U.S.

0
1KB

The greed is good that destroyed Taiwan economic power also got America and European heavy weights now crying. Like it or not, China can make anything for the world consumers.

In May 2024, the Biden administration imposed a 100% tariff on Chinese electric vehicles imported to the United States. Yet, surprisingly, Chinese-made vehicles have been sold here for a decade, just not under Chinese brands.

To be fair, the numbers remain small. According to Automotive News, nameplates built in China and sold in the U.S. accounted for just 74,007 units in 2024, less than 0.5% of the 15.85 million vehicles sold last year.

Still, the camel’s nose is under the tent, and ironically, American automakers, who have the most to lose, helped open the door.

Volvo EX30 Cross CountryVolvo
Volvo EX30 Cross CountryVolvo

Why it’s a concern

Chinese automakers benefit from heavy government subsidies, low wages, and, in some cases, reported forced labor, which give them cost advantages other manufacturers can’t match. China's intellectual property laws are also lax, with little enforcement or respect for foreign patents.

Furthermore, any automaker looking to build cars in China must partner with a local company, essentially sharing their manufacturing expertise. It’s no mystery why China’s automotive sector has improved so rapidly.

Simply put, American and European automakers helped build the Chinese manufacturing juggernaut that now threatens their own survival.

2017 Buick EnvisionBuick
2017 Buick EnvisionBuick

American automakers’ Chinese cars

Despite these concerns, U.S. automakers have been manufacturing vehicles like the ones below in China and selling them stateside for years.

  • Buick Envision – 47,340 units sold in 2024

  • Cadillac CT6 Plug-in Hybrid (2017-2018)

  • Lincoln Nautilus – 15,531 units sold in 2024

Polestar 2Polestar
Polestar 2Polestar

Made in Sweden? Not quite.

Volvo and its EV spin-off, Polestar, may have Swedish roots, but they’re both owned by Zhejiang Geely Holding Group, a Chinese company based in Hangzhou.

  • Volvo S60 Inscription – The first Chinese-made vehicle sold in the U.S. (2015).

  • Volvo S90 – Built in Daqing, China.

  • Volvo XC30 – Built in Zhangjiakou, China.

  • Polestar 2 – Entirely sourced from China.

Despite Geely selling 11,136 vehicles in the U.S. last year, Volvo avoided tariffs thanks to its manufacturing facility in Ridgeville, South Carolina.

Final thoughts

Western automakers are now scrambling to combat the rise of Chinese manufacturers. Yet the very threat they fear is one they helped create, as China’s rapid automotive rise was fueled by American and European partnerships.

Now, as Chinese automakers become global contenders, their newfound manufacturing dominance is coming full circle.

AfriPrime App link:  FREE to download...

https://www.amazon.com/Africircle-AfriPrime/dp/B0D2M3F2JT

Commandité
Rechercher
Commandité
Catégories
Lire la suite
News
Nuclear disarmament seemed possible. The imagined destruction of a Kansas town helped get us there.
The shadow of a KC-135 Stratotanker. The shadow of a KC-135 Stratotanker as it takes off...
Par Ikeji 2024-08-05 16:50:32 0 2KB
Domicile
Stay Cool and Worry-Free with Professional AC Maintenance Services
Your air conditioner works hard to keep your home cool and comfortable, especially during the...
Par oldschoolac 2025-06-18 09:39:30 0 671
Technology
Camping Tent Market Innovations & Growth Drivers: Forecast to 2033
Camping Tent Market provides a detailed analysis on the market status of Camping Tent Market...
Par joya44 2025-03-24 08:47:35 0 988
Autre
Solis Compact Tractors Are Not Limited To Traditional Farming Tasks
Agriculture has been a cornerstone of human civilization for decades. Today, it has evolved into...
Par solisworld 2024-12-02 07:31:45 0 2KB
News
TeamViewer, CTO and CPO, Mei Dent - AITech Interview
Mei, as the CTO and CPO of TeamViewer, you’ve had a front-row seat to technological...
Par martechcubepawan 2025-03-27 09:47:21 0 1KB
Commandité
google-site-verification: google037b30823fc02426.html