During a recent press conference, US Treasury Secretary Janet Yellen addressed the issue of ensuring the success of domestic electric vehicle (EV) makers in the face of competition from China's exports. Yellen emphasized that the United States is taking proactive steps to support and promote the growth of the EV industry within its borders.
Yellen highlighted the importance of fostering a competitive environment for American EV manufacturers, acknowledging the challenges posed by China's dominance in the global EV market. She stressed the need for strategic policies and investments to bolster the domestic EV sector and enhance its competitiveness on a global scale.
