Many US political leaders on both sides of the aisle have been scrambling to keep Chinese cars out of the United States. But some Chinese companies have already found a foothold in the US. One automaker, Zhejiang Geely Holding, often called simply Geely, has investments in Volvo, Polestar and British sports car maker Lotus. Volvo already owns a factory in South Carolina, which is currently underutilized, according to analysts who spoke with CNBC. All three brands also have a dealership network in the United States. Volvo’s CEO recently said he would be open to making Chinese branded cars in the Volvo factory if the company can navigate currently strict US laws. Geely leaders have expressed a desire to bring Chinese brands here. If it is able, it would be considerably ahead of much of its competition.
Produced by: Robert Ferris
Editing: Darren Geeter
Animations: Jason Reginato, Emily Parl
Senior Director of Video: Lindsey Jacobson
Additional Footage: Getty Images
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Which Chinese Carmaker Might Be First To Win In The U.S.
Produced by: Robert Ferris
Editing: Darren Geeter
Animations: Jason Reginato, Emily Parl
Senior Director of Video: Lindsey Jacobson
Additional Footage: Getty Images
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Which Chinese Carmaker Might Be First To Win In The U.S.