Automakers Say Chinas Auto Industry Poses Clear and Present Threat to US Industry

Date:

Models of the Chinese-made Chery Omoda 5 and Chery Omoda E5 on display at Stoner Motor Company in Gillingham, UK, on Nov. 6, 2024. Reuters/Chris J. Ratcliffe/ File PhotoThe rise of China’s government-subsidized auto industry poses a real economic and national security threat to the United States and its major auto manufacturers, experts told members of a U.S. House committee Thursday.“Chinese vehicles pose the same kind of risks in the physical world that TikTok represents in the digital world,” said Peter Ludwig, cofounder and chief technology officer of tech company Applied Intuition, told the House Select Committee on the Chinese Communist Party (CCP).

spot_imgspot_imgspot_img

Share post:

More like this
Related

26 Employees Sue Meta, Allege Unfair AI Selection for Layoffs

Twenty-six current and former employees of Meta are suing...

US Producer Inflation Unexpectedly Falls in June

Producer prices unexpectedly declined in June, driven primarily by...

Seattle Seahawks Sell to Khosla Family for $9.6 Billion

Vinod Khosla, Founder of Khosla Ventures, speaks onstage during...

China Posts Weakest Economic Growth in 3 Years

China’s economic growth slowed to its weakest pace in...