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Tariffs On Chinese EVs Now Exceed 100 Percent

The Truth About Cars

It’s no secret that Chinese automakers are rapidly expanding into international markets, but the U.S. President Biden recently announced sharp tariff increases on Chinese goods that range from consumer electronics to EVs, pushing the country’s government to promise retaliatory measures. is not a good way to spur innovation.

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Senate Bill Seeks to Tariff Chinese Vehicles Out of Existence

The Truth About Cars

This week, Senator Josh Hawley (R-MO) is introducing legislation to increase tariffs on imported Chinese vehicles this week with the stated goal of dealing with the “existential threat posed by China.” percent to 100 percent, including vehicles owned by Chinese-based automakers that are assembled in places like Mexico.

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Manchin pushes back over EV tax credit battery content rules

Baua Electric

West Virginia Senator Joe Manchin is once again criticizing the Biden administration’s EV tax credit rules, reports Reuters. Treasury Secretary Janet Yellen during a hearing of the Senate Appropriations Committee that rules requiring locally-sourced battery content in order to qualify for the EV tax credit had been watered down.

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Survey: Younger US drivers are more open to Chinese EVs

Baua Electric

drivers are more open to driving vehicles from Chinese brands than their older counterparts, according to a new AutoPacific survey. But concerns about how Chinese brands manage data privacy were high regardless of age. No vehicles from Chinese brands are currently sold in the U.S., Younger U.S.

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EV tax credit supply chain rules ease, but China restrictions remain

Baua Electric

In a coordinated push through federal agencies, the Biden administration on Friday released a revised set of regulations applying to the EV tax credit that will ultimately make the credit easier to claim for a wider range of vehicles in 2025 and 2026 but no easier for Chinese companies to gain a foothold on the market.

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Tesla ships more vehicles from China to North America

Teslarati

Tesla is shipping another batch of vehicles from China to North America as a second ship packed with all-electric cars built at Gigafactory Shanghai is on its way to Canada. Musk, said reports of the company shipping cars from China to the U.S. based customers to take advantage of the tax credits that make the cars more affordable.

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Ford CEO doubles down on affordable EVs after BYD, China’s EV bet is paying off

Baua Electric

Ford CEO Jim Farley wants the company to deliver affordable EVs like Henry Ford did with the Model T. After China’s bet on EVs “paid off” so far, Ford wants to compete with the best, including BYD. Ford moves to affordable EVs Farley believes its next-gen EVs will “not only be profitable, but also affordable for most Americans.”