Lately, there’s been a lot of talk about the impending wave of cheap Chinese electric cars that may upend the U.S. auto market as we know it. Even Donald Trump waded into the topic recently when he predicted a “bloodbath” for American manufacturing due to an influx of Chinese vehicles. If elected, he said, he’d slap a 100% tariff on Chinese cars.
As bombastic and controversial as that statement was, Trump isn’t totally off-base. The rapid rise of China as a global exporter of high-quality, affordable electric cars poses a real threat to established Western automakers, many of whom are just starting to get their footing in the EV game.
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