Keep pulling the thread on United States.
In a five-year period, China transformed from a minor vehicle exporter to the world's largest.
China exported six million vehicles in 2023 at prices that U.S. and allied automakers cannot match.
Chinese suppliers control more than 70% of the global market for cellular modules used to connect vehicles to networks.
China's domestic automakers produce 31 million cars annually, creating significant excess capacity relative to domestic demand.
China's auto exports surged by over 300% between 2021 and 2024.
In 2023, China accounted for two-thirds of all global electric vehicle sales, while the U.S. accounted for approximately 10%.
Electric vehicles are predicted to account for 60% of global new car sales by 2040.
Mexico is currently China's largest automotive export market.
The Connected Vehicle Rule requires manufacturers selling in the U.S. to assess components based on Chinese ownership and control, not just the manufacturing location.
The U.S. and its allies have a one to three-year window to counter China's dominance in the cellular module market before it becomes irreversible.
Highly intelligent vehicles are sold in China for as little as $10,000, which is one-third the cost of comparable American models.
Approximately 80% of cranes used in the U.S. contain Chinese-made cellular modules.