In a surprising twist, a recent opinion piece suggests that China's electric vehicle (EV) industry owes a debt of gratitude to a former US president - Donald Trump. The National Memo article argues that Trump's aggressive trade policies, particularly his tariffs on imported EV batteries, inadvertently accelerated the growth of China's domestic EV industry. By forcing Chinese manufacturers to rely on local suppliers, Trump's policies created an environment that fostered innovation and self-sufficiency. The result is a thriving EV industry in China, with companies like BYD and Geely leading the charge in electric vehicle production and exports. Will China's EV industry leaders agree with this assessment, or do they see Trump's policies as a hindrance to their success?
Why China's EV Industry Should Honor Trump As 'Salesman Of The Year' National Memo