Despite fears that Chinese electric vehicle makers would flood the world with new factories and undercut local rivals, data from research firm Rhodium Group shows that companies like BYD and CATL have overwhelmingly chosen to export vehicles and batteries rather than build manufacturing capacity abroad. Of the roughly $400 billion in overseas clean-tech investment announced by Chinese firms since the pandemic, only $85 billion has actually been completed over the past decade, with 60% of announced U.S. investments now canceled entirely. Tariff pressure from Washington and Brussels, slowing global EV demand, and growing regulatory scrutiny have pushed Chinese investment toward friendlier markets in Africa and Asia, while major planned facilities in Hungary, Brazil, and Turkey remain delayed or suspended.