Ford Motor Co. sees low-cost Chinese electric vehicles as a “colossal strategic threat” that will ultimately arrive on US shores. China’s BYD Co. recently surpassed Tesla as the world’s largest EV maker, with low-priced models such as its $11,000 Seagull. Ford expects Chinese automakers to build factories in Mexico to get around the 27.5% US tariff on EVs made in China.
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