Electric Vehicle Industry in Liuzhou, China

Liuzhou, China is a major player in the electric vehicle industry, producing half a million EVs last year. The city boasts low manpower and logistics costs, an established industrial foundation, and abundant talent. Chinese EVs have gained popularity in China due to government subsidies, resulting in lower prices compared to the US market. US and European tariffs on Chinese EVs have raised concerns about competition and overcapacity. Liuzhou is now looking to expand into overseas markets, including the US.