Chinese Ambassador Qin Gang had a message for the U.S. about its plan to establish a domestic EV supply chain: “Don’t.” Okay, so the Chinese envoy’s message was more diplomatic and detailed than that, but it was basically a warning to the U.S. against cutting China out of its EV supply chain altogether.
Because if the U.S. goes ahead with its plan, it would end up hurting both country’s interests, as Bloomberg reports. China claims these interests are “intertwined,” and upsetting the established order of the global supply chain would damage both the U.S. and Chinese economies.
The Chinese ambassador says cutting China off will end up cutting the U.S. out of the Chinese car market, and vice versa. American carmakers like GM, Ford and Tesla could lose access to the biggest auto market in the world.
it starts to look like China isn’t really interested in selling its EVs in the U.S.; it’s mostly interested in keeping a lucrative role supplying the majority of EVs sold in the U.S. or anywhere else.
Will the Chinese cut off access to mainland China? Or is it a bluff?
The last quoted paragraph I believe is incorrect. I have read news stories about NIO & Xpeng plans for expansion to the US market by 2025. Likely they are not the only Chinese EV manufacturers looking for international sales.