The Impact of US Trade Policy on Chinese EV Companies from 2018-2023

This paper examines the impact of US trade policies on Chinese electric vehicle (EV) companies from 2018 to 2023, focusing on case studies of BYD and Geely. The research analyzes how these companies responded to and navigated the challenges posed by US trade restrictions. Through a comparative analysis of their strategies, this work reveals the resilience and adaptability of Chinese EV manufacturers in the face of international trade barriers. The study finds that while BYD opted for direct entry into developing markets by establishing local production facilities, Geely leveraged its ownership of Volvo to indirectly enter the US market. This research contributes to the understanding of how trade policies influence corporate strategies and industry development in a globalized economy, offering valuable insights for policymakers, business executives, and researchers in the fields of international trade, corporate strategy, and emerging high-tech industries.