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Li Bin denounced American protectionism: China welcomes Musk, but you won't let me sell cars.

2025-02-28 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizen grass Luo Yuzi for the clue delivery! CTOnews.com, July 16 (Xinhua)-- Nio, a Chinese electric car maker, wants the US government to ensure that Chinese automakers have fair and equal access to the local market, according to the Financial Times. This is the demand made by Lailai after continuing its global expansion and entering new European markets.

Li Bin, founder and CEO of Weilai, believes that Chinese automakers face additional obstacles when selling their vehicles in the United States, simply because of politics and protectionism in the United States. he believes this contrasts sharply with Tesla's popularity in China and his rapid growth in China.

"the world should be more open and not politicize business," Li Bin said in an interview with the Financial Times. Since we founded the company in 2015, the global political climate has been completely different, especially as the epidemic has triggered divisions and confrontations. Chinese consumers can choose from a variety of [new energy vehicles]. Why can't these products be enjoyed by American consumers? "

China is expected to overtake Japan as the world's largest car exporter this year, while Xilai is particularly eager to increase its sales. Its market share of electric vehicles and plug-in hybrid vehicles in China fell from 2.3 per cent in the first quarter to 1.3 per cent in the second quarter, delivering a total of 23520 vehicles nationwide.

High tariffs on Chinese-made cars mean it's hard to bring them to the United States, Mr. Li said. At the same time, there is uncertainty about getting subsidies through the inflation reduction Act.

Xilai is investing heavily in Europe, where electric cars enjoy generous subsidies and sell particularly well in some countries. Weilai has also launched a series of exchange power stations in Europe to distinguish it from its competitors.

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