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Prospect of low-priced Chinese EVs reaching US from Mexico poses threat to automakers
June 27, 2024 10:30 a.m.

Prospect of low-priced Chinese EVs reaching US from Mexico poses threat to automakers

As the Chinese EVs go on sale across the country, America’s homegrown EVs — costing an average of $55,000, roughly double the price of their Chinese counterparts — struggle to compete. Factories close. Workers lose jobs across America's industrial heartland.