Beijing Pressures Local EV Makers to Favor Domestic Chips Over US Suppliers
Monday, 18 March 2024, 10:31
China's Measures against US Inc
Beijing has once again taken steps against US firms by influencing local EV manufacturers to stop using chips from the US. This move comes amidst escalating tensions between China and the United States.
Impact on Supply Chain
This decision could have far-reaching consequences on the supply chain of American companies operating in China. By favoring domestic chips over American ones, it poses a significant challenge to US corporations.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.