Mark Wakefield News Today : Breaking News, Live Updates & Top Stories | Vimarsana

American automakers and their Chinese rivals are heading in different directions. Able to produce far more cars than they can sell in China, Chinese companies like BYD are entering markets all over the world. Their global expansion comes as major U.S. carmakers - whose once-lucrative China sales are withering - have withdrawn from promising markets such as India, Indonesia and Thailand to focus on their North American base.Subscribe to The Post Most newsletter for the most important and interest

Chinese automakers are entering markets all over the world, while American companies like GM and Ford are focusing on North America.

The new tariffs could be great for the U.S. auto industry. The risk is automakers will use them as an excuse to slow-walk their EV plans.

Chinese consumers are going ga-ga over EVs, while American buyers increasingly are saying "not so much." Europeans have become "meh."

US and European politicians have raised alarms that their domestic auto industries could be destroyed by a wave of cheap Chinese electric vehicles. But so far, China’s top EV maker, BYD, has dramatically hiked export prices compared to what it...