Bro look at this at Chinese POV, we have the largest market, why would we help you as the restriction are being place on my product and maybe in the future they might nationalized the factory. For god sake we're Chinese, we have our pride, If we're not welcome then we deal with the ROW as shown by Huawei. We can grow without you....lol Is my sentiment correct @Loveleenkr , I wish to hear your opinion badly.Weird. I though the American factory was because they wanted to have a foot in the NAAFTA market. Hungary is for serving the European market.
At most I was expecting a change from the US to Mexico which makes more sense in my opinion if CATL's intention was to enter the north American market
A side note let's see what the American company will do, will they not use Chinese component to claim Federal Subsidies or its better to use them as the cost balance it out with cheaper and more reliable components. Because $7,500 subsidies ain't much as the quality and design of Chinese EV is way better than its American competitor even Tesla.
Last edited: