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How Chinese carmaker Geely put roots in the U.S.

CNBC·Robert Ferris·28 days ago
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Politicians on both sides of the aisle want to block Chinese vehicles from the United States. But over 100 Chinese automakers, auto tech companies, and parts suppliers already have a presence in the U.S., according to a survey done by Dunne Insights, a consultancy that focuses on electric vehicles and autonomous markets. Despite the United States implementing a 100% tariff on EVs from the country and considering a rule banning Chinese connected cars from U.S. roads, a few Chinese companies are finding ways to invest in the country. Chinese behemoth BYD builds buses in California, and Chinese battery maker CATL has struck a licensing deal with Ford Motor to offer tech and services for a battery manufacturing operation in Michigan. One especially well-positioned company is Zhejiang Geely Holding Group. Geely, as it is commonly known, has large investments in three automakers already doing business in the U.S.…

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