Before 2010, China was eons behind the U.S., Europe, and Japan in making competitive gas-powered cars. Chinese automakers largely relied on joint ventures with Western automakers and foreign direct investment to satisfy demand at home. Even then, Chinese cars were perceived as being lower quality than cars made in mature automotive markets. Local players even made clones of popular Western models and were ridiculed for the same.
overtook Japan’s Panasonic as the world’s largest battery manufacturer way back in 2017. There was also a “whitelist” that prioritized local suppliers. It prevented foreign battery makers like Panasonic, LG Chem, and Samsung SDI from gaining Chinese subsidies as the country aimed to build out a self-sustaining battery industry. The “whitelist” was abolished in 2019. The Foreign Entity of Concern clause in the updated Inflation Reduction Act guidelines echoes China’s former “whitelist.
, BYD, and the other Chinese companies to build up the U.S. industry,” LeVine said. Last year, Ford and ’s alleged ties with the Chinese Communist Party, and links to alleged human rights abuses in the Xinjiang region. The construction of the Ford-
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