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Robert Ferris

Verified
  • Multimedia Reporter, CNBC
New York
As seen in: CNBC, MSN, Business Insider, HuffPost, MSN Malaysia, Nature, USA Today, Yahoo News, Aol, NBC News, Yahoo Finance and
Reporter @CNBC robert.ferris@nbcuni.com
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Articles

Chinese EV makers are outpacing U.S. automakers in overseas investments Original

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By Robert Ferris Verified
| CNBC Verified
watch now Already dominant electric vehicle exporters, Chinese automakers have been expanding their footprint by announcing investments and building factories on virtually every continent. Those auto companies have been outpacing American automakers in investments, said analysts, who told CNBC that the U.S. risks becoming isolated and less competitive in comparison as China builds up its presence.
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China's global EV factory investment spree

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By Robert Ferris Verified
| CNBC Verified
watch now Autos Chinese automakers have made over $100 billion in EV and battery investments abroad since 2019, according to Atlas Public Policy, far outpacing U.S. companies. Analysts say it's a bid to escape China's brutal domestic market and dodge import tariffs elsewhere. Combined with Chinese EV and battery export figures, the foreign direct investment figures show how Chinese companies stand to become a dominant force in the global automotive industry.
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A 'perfect storm' points to a much smaller US auto market by 2040

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By Robert Ferris Verified
| MSN Verified
; ; ; Continue reading More for You Continue reading More for You
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