Yea I have also followed that thinking - but its not so easy to move or even sell a plant. IMO this is all cyclical, there are trends and rumors but in the end the US and China always do business.The CATL battery plant is being paid by the USG-Ford is using the tech they have, but building it all in house in the USA so they get the money. The patents on the battery tech (which are from US Universities) are set to expire soon also that CATL has. China has a 15% tariff on imported cars.
Stellantis is considering pulling out of China after all the issues Jeep has faced there
https://www.autonews.com/china/stellantis-mulls-ending-all-car-output-china-after-jeep-exit
Western Auto manufactures are required to team up with Chinese brands to sell products in China.
What it boils down to is that doing business in China is going to be politically not a smart idea-companies currently there are in the process of moving manufacturing to other countries because of the deteriorating geopolitical relations and the supply chain issues that blew up during COVID.
I personally feel while Chinese EVs into the US market may start with the premium products as they did in Europe - within the next 6-10 years we will see inexpensive Chinese EVs in the USA.
Just my personal opinion
https://insideevs.com/features/496823/sandy-munro-chinese-ev-dominance/
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