Biden rumored to announce quadrupling of tariffs on Chinese EVs, up to 100%
Baua Electric
MAY 10, 2024
China was originally somewhat slow to adopt EVs – in 2015, EV market share was just.84%, This isn’t the first move that Biden has made to limit the ability of the Chinese auto industry to operate in the US. FTC: We use income earning auto affiliate links. 84%, similar to the US market share of.66% at the time.
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