1. Driving Change: How EVs Are Reshaping China’s Economic Relationship with Latin America
- Author:
- Ilaria Mazzocco, Ryan C. Berg, and Rubi Bledsoe
- Publication Date:
- 09-2024
- Content Type:
- Policy Brief
- Institution:
- Center for Strategic and International Studies (CSIS)
- Abstract:
- Countries in Latin America and the Caribbean (LAC) are navigating a new geopolitical moment. Some LAC countries are benefitting from increased access to low-cost, high-quality electric vehicles (EVs) and new investment throughout the value chain from China that can help meet governments’ climate and economic objectives. However, this comes with risks, as dependencies on Beijing may be exacerbated at a time when China’s economy is underperforming and geopolitical competition with the United States is on the rise. Washington should find new ways to engage with the region to find solutions that address local demands and simultaneously mitigate U.S. geopolitical risk.
- Topic:
- Global Markets, Economy, Innovation, and Electric Vehicles
- Political Geography:
- China, Asia, and Latin America