China Is So Far Ahead On Electric Cars It’s Now Afraid America Will Steal Its Trade Secrets! – The Autopian
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Excerpt:
Now, though, it’s the Chinese government that’s worried about the plant. Why? According to a Financial Times report titled “China delays approval of BYD’s Mexico plant amid fears tech could leak to US,” China doesn’t want the United States to do to China what China did to everyone else:
“[D]omestic automakers require approval from China’s commerce ministry to manufacture overseas and it has yet to give approval, according to two people familiar with the matter.
Authorities fear Mexico would gain unrestricted access to BYD’s advanced technology and knowhow, they said, even possibly allowing US access to it. “The commerce ministry’s biggest concern is Mexico’s proximity to the US,” said one of the people.