The Trump administration is considering ways to require imported automobiles to meet stricter environmental standards in order to protect U.S. carmakers, according to two sources familiar with the administration's thinking.
Last September, a report in the Wall Street Journal claimed that the Chinese government intends to force foreign automakers to divulge their plug-in vehicle technology secrets in order to sell their vehicles in China. Apparently, China is looking to become a global power in the plug-in vehicle segment and might achieve that goal by utilizing technology developed by others.
Let's say you're an non-Chinese automaker interested in selling your cars in China. More specifically, say you're looking to sell a groundbreaking electric vehicle there. The cost might be higher than you're willing to pay. A recent report in The Wall Street Journal claims that the Chinese government aims to force foreign automakers to divulge their plug-in vehicle secrets in order to sell them in China. Bullying U.S. automakers around isn't exactly fair and at least two people – Congressi
So you want to sell your foreign cars in China? If you're an automaker, it might cost you a whole lot do so. A report in the Wall Street Journal claims that the Chinese government wants to force foreign companies to divulge their electric vehicle technology secrets in order to sell their products in China.