Despite tariffs, China drives toward dominating EV market all over world
washington — As China pursues tit-for-tat actions against the European Union in response to tariffs on Chinese-made electric vehicles, Beijing’s drive for global dominance in the automotive sector continues unabated. Over the past year, companies such as EV giant BYD and others have made inroads in markets from Southeast Asia to Latin America and Africa, even as they face tariffs of up to 100% in Canada and the United States, and up to 45% in the European Union. Chinese EV companies have announced plans to invest millions to build new factories in Thailand and Brazil, and they have opened showrooms inmore
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