Reactions to the recent onslaught of cheap Chinese electric vehicles (EVs) have ranged from panic to dismissal. While panic is never useful in foreign policy, there is reason for concern.
After all, China produced 30 million cars in 2023 and the European Union (EU) is essentially watching as their auto markets become flooded with cheap Chinese cars. While America’s markets have been protected by Trump-era tariffs on Chinese-produced EVs, the threat of their market penetration is still present.
But reactions should be neither panic nor denial. Instead, they should be realistic. Long mocked as the place where cheap plastic toys come from, China is simply no longer making garbage and should be taken seriously.
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