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This is the best summary I could come up with:
And it’s just one of many BYD electric cars on offer, from the compact e2/e3 hatchback and sedan (think a Honda Civic or Toyota Corolla) to the full-size, luxe Han EV, a more expensive option nonetheless selling for under $33,000 in China (it costs more than double that in Europe).
“There’s almost an across-the-board apprehension about Chinese EVs, even though they would make an important contribution to [lower] CO2 emissions,” Gary Clyde Hufbauer, a veteran trade expert at the Peterson Institute for International Economics, says.
They took the “opposite of the Tesla approach”: starting not with luxury vehicles but ultra-cheap cars fit for taxi fleets and not much else, and constantly improving their early inexpensive prototypes.
Bloomberg reported earlier this month that the Biden administration is formulating rules that would limit US sales of Chinese-made parts, even if they’re in vehicles ultimately assembled in the US or Mexico.
As Frank Foer detailed in his book The Last Politician, this faction was brought into the Biden coalition partly through his now-National Security Adviser Jake Sullivan.
During the Trump years, Sullivan forged an alliance with the trade-skeptics and “broke bread with Elizabeth Warren disciples, labor union officials, and intellectuals from left-leaning think tanks.” Sullivan is also, notably, a major China hawk — Foer describes him as agreeing with Donald Trump that China is “eating our lunch” — leading to a hostility to trade with the country that meshed easily with that of trade skeptics who have for decades opposed exposing US manufacturing workers to foreign competition.
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