Chinese EVs pose big threat to US auto industry


Source: wltx.com wltx.com

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The rapid emergence of low-priced EVs from China could shake up the global auto industry in ways not seen since Japanese makers arrived in the 1970s. LIVONIA, Mich. — A tiny, low-priced electric car called the Seagull has American automakers and politicians trembling. The car, launched last year by Chinese automaker BYD, sells for around $12,000 in China, but drives well and is put together with craftsmanship that rivals U.S. electric vehicles that cost three times as much. A shorter-range version costs under $10,000. Tariffs on imported Chinese vehicles will keep the Seagull out of America for now, and it...