cleantechnica.com
Hyundai Freaked Out About Chinese EV Producers Destroying Their Business In USA As Well?
Hyundai Motor CEO Jose Munoz warned that Chinese electric‑vehicle (EV) makers could flood the U.S. market if tariffs and barriers remain low, citing the company’s declining European share and the success of Chinese brands in the UK. Munoz noted Chinese EVs are 30‑40% cheaper than rivals in Italy, Spain, and France, and that 15% of UK sales are Chinese-built vehicles. He urged continued high tariffs to protect legacy automakers from competition.