Chinese ambassador to Morocco Li Changlin said that the country had “become a new hotspot for Chinese companies to invest overseas ”. He said the non-tariff barriers imposed on Chinese electric vehicles by the US and EU complicated direct access to these markets. “By setting up production in Morocco, Chinese companies can bypass these obstacles by producing locally and meeting the necessary standards from the outset. Berry noted that the Inflation Reduction Act rules and US tariffs on Chinese EVs would blunt Chinese EV market penetration. “The US government has been pressuring Mexico, for example, to curb or eliminate incentives for Chinese EV companies to manufacture there,” he said.
