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

Zongyuan Wu; Xiuyuan Du

doi:10.54254/2754-1169/2024.26789

Advances in Economics, Management and Political SciencesOpen access

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

Research Article

Open Access

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

Zongyuan Wu ^1* Xiuyuan Du ²

¹ Northwestern University

² Hangzhou No.4 Highschool

^*Corresponding author: zongyuanwu2023@u.northwestern.edu

Published on 9 September 2025

AEMPS Vol.213

ISSN (Print): 2754-1177

ISSN (Online): 2754-1169

ISBN (Print): 978-1-80590-351-2

ISBN (Online): 978-1-80590-352-9

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Abstract

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.

Keywords:

Chinese EV companies, US trade policies, corporate strategies, global market expansion, international trade

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References

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Cite this article

Wu,Z.;Du,X. (2025). The Impact of US Trade Policy on Chinese EV Companies from 2018-2023. Advances in Economics, Management and Political Sciences,213,56-64.

Data availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

About volume

Volume title: Proceedings of the 4th International Conference on Financial Technology and Business Analysis

ISBN: 978-1-80590-351-2(Print) / 978-1-80590-352-9(Online)

Editor: Lukáš Vartiak

Conference website: https://2025.icftba.org/

Conference date: 12 December 2025

Series: Advances in Economics, Management and Political Sciences

Volume number: Vol.213

ISSN: 2754-1169(Print) / 2754-1177(Online)

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