Ban on Chinese electric vehicle imports: neutralizing China's strategy of controlling Western markets and stimulating a technological breakthrough of Democratic countries

On September 23, 2024, the U.S. Department of Commerce proposed a ban on imports of Chinese vehicles and parts, including software and hardware.

The US government's decision on the eve of the US presidential election is intended to curb China's influence on the Western automotive market. China is building a multi-vector strategy that makes Western countries dependent on Beijing's subsidy policy.

China aims to create a "domino effect" that triggers a chain of downfall for Western companies due to the Beijing government's consistent efforts to increase its control over the automotive market.

In the first half of 2024, Volkswagen Group vehicle deliveries in China fell by 7% compared to the same period in 2023, and the group's operating profit fell by 11.4%. Volkswagen announced cost cuts of $11.1 billion and the closure of some plants in China at the beginning of September 2024.