Chinese manufacturers have begun supplying electric vehicles en masse to Australia

2024-03-06 11:36:32

Australia is an attractive market for Chinese manufacturers due to the fact that the country does not have a national auto industry, and therefore there is no risk of introducing protectionist trade barriers. In Europe and the US, BYD faces difficulties. Thus, European authorities began checking whether Chinese electric vehicle manufacturers were receiving “unfair benefits from government subsidies,” and the United States began investigating whether Chinese-made cars could be used to “spy on Americans.”