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Renowned Economist Urges Caution on Chinese EVs in America

via NBC News
This article was originally published at StateOfUnion.org. Publications approved for syndication have permission to republish this article, such as Microsoft News, Yahoo News, Newsbreak, UltimateNewswire and others. To learn more about syndication opportunities, visit About Us.

Some U.S. automakers are reducing electric vehicle (EV) production, potentially allowing cheaper Chinese EVs to enter the U.S. market, raising security concerns.

Chinese EVs could pose espionage risks and potential remote control issues.

Chinese EV companies, like BYD, are growing rapidly, with Tesla’s CEO acknowledging their competitiveness.

The recent challenges with EVs in cold weather have also impacted consumer interest.

“I think we should try and keep them out,” Heritage Foundation economist Diana Furchtgott-Roth said.

Despite the government’s push for EV adoption, automakers may struggle to meet targets due to cost, infrastructure, and declining enthusiasm.

This contrasts with China’s progress, posing economic and national security threats.

“If people are worried about a Chinese spy balloon going overhead, they would be worried about these Chinese EVs sending telematics back to China,” Furchtgott-Roth said.

“Plus, car manufacturers now can disable cars from remote. What if we were in some foreign entanglement with China? And then China decided to stop all the EVs in the United States? It’s a security risk.”

“If there are no trade barriers established, they will pretty much demolish most other car companies in the world,” Elon Musk said. “They’re extremely good.”

“Consumers don’t want to buy these EVs,” Furchtgott-Roth said. “And the recent debacle in Chicago where the chargers froze, the cars froze. There were blocks-long lines of Teslas waiting to charge that went down. It just proves it.”

“Only about 7% of new vehicle sales are EVs, but the government wants to get it to 60% in 2030 and two thirds by 2032, with rules that are at the White House right now waiting to go out,” she said.

“If they don’t, then the car companies are going to get fined, and they have to buy credit, and they’ll pay for that by raising the price on the cars that we like to buy, like the Ford F-150 pickup truck and SUVs. But this is what the White House is still planning on doing.”

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