U.S. Energy Secretary Jennifer Granholm speaks to reporters during a press briefing at the White House in Washington, June 22, 2022.
China could flood the U.S. electric-vehicle market with its offerings, Energy Secretary Jennifer Granholm warned Wednesday, weeks after President Joe Biden raised similar concerns.
China is being perceived as a threat to the U.S. auto industry as U.S. vehicle exports decline and companies such as General Motors cut international operations.
"We saw this happen in the solar industry ... there was a flooding of the market," Granholm said.
China exported nearly 5 million vehicles in 2023, China Association of Automobile Manufacturers data showed, overtaking Japan to become the world's No.1 country for car exports in 2023.
Persons:
Jennifer Granholm, Joe Biden, Granholm, Fitch
Organizations:
Energy, White, U.S, Motors, China Association of Automobile Manufacturers, EV
Locations:
Washington, China, U.S, Japan