💨 Abstract

China views US tariffs on electric vehicles as a challenge to its global dominance in the EV market, instead of mere trade restrictions. The tariffs are perceived as a catalyst for strategic shifts, promoting self-reliance, technological innovation, and market expansion. New regions, such as Southeast Asia, the Middle East, and parts of Africa, are now part of China's EV strategy due to fewer regulatory hurdles and growing demand.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖