The Chinese EVs Are Coming to the US

John Defterios: BYD is exhibiting a CES in six months, and you can bet they will make a huge announcement regarding the North American market. He says given the structure of the global industry, which all three of us know, it is inevitable. The interesting thing about Chinese makers, if you look at the structure of imports into North America, the British actually invented importing cars because they desperately needed hard currency to pay their war debts. But that curve ended as the American makers got ramped back up by the early 50s.