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Copyright © 2024 CGTN. 京ICP备20000184号
Disinformation report hotline: 010-85061466
SITEMAP
Copyright © 2024 CGTN. 京ICP备20000184号
Disinformation report hotline: 010-85061466
As China's renewable industry flourishes, some Western countries continue to peddle the Chinese electric vehicles' (EVs) "overcapacity" narrative. Tyson Jominy, vice president of Data and Analysis at J.D. Power, demonstrates that it's a fallacious argument based on political and economic considerations. According to him, Western tariffs and trade protection policies against Chinese EVs are primarily aimed at safeguarding their domestic manufacturing base and influencing car buyers. Providing a range of incentives for buyers while being concerned that prices will get too low as Chinese EVs enter Western auto markets is a contradiction in terms.