Tesla-beating BYD and other Chinese carmakers using Mexico as back door poses ‘extinction-level’ threat to U.S. auto sector, warns trade group

China has become a powerhouse in electric vehicles. Its automaker BYD recently topped Tesla in global EV sales, with Elon Musk warning of Chinese carmakers, “If there are no trade barriers established, they will pretty much demolish most other car companies in the world. They’re extremely good.”…#byd #tesla #elonmusk #routethroughmexico #thailand #hungary #mexico #usmca #chery #warrenbuffetts
Source: Reuters: Health - Category: Consumer Health News Source Type: news