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Tesla & CATL deemed the Power Couple to Recharge the US EV Market: Morgan Stanley

Teslarati

Morgan Stanley analyst Adam Jonas deemed Tesla and CATL the power couple that could recharge the United States electric vehicle (EV) market. In a note released earlier this week, Morgan Stanley writes that the United States is an under-penetrated EV market, whereas China is a fully-penetrated EV market.

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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.

Chinese 81
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Cheap talk: Volkswagen to bed Renault in race to build sub-$30k EV | reports

EV Central

Created to be “affordable to the masses” it’s thought the new EV could be built on a new architecture that will slash costs further than cars based on the VW Group MEB, or the Renault’s CMF-EV architectures. An entry EV will also help prepare for the next wave of bargain-priced EVs that are already on sale in China.

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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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Report: Ford's EV Skunkworks Team to Create Three Affordable Electric Models

The Truth About Cars

A few weeks ago, Ford announced that it had created an internal skunkworks team to focus on affordable EVs and a new platform to underpin them. However, the threat of China flooding the market with cheap electric models is too frightening to ignore.

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EVs reach 90% market share in Norway as the overall auto market falters – Charged EVs

Baua Electric

of the market, up from 90.1% of the entire auto market. The trade group OFV (Norwegian Road Federation) ascribes the ailing auto market to weakness in the broader economy—interest rates are up, and so are prices for food and electricity. Legacy vehicles are subject to heavy taxes, but there are few affordable electric models.

Norway 52
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Volkswagen shares plans for new EVs under €25K

Teslarati

The four new EVs will lead to Volkswagen’s cheapest electric vehicle, which will cost around €20,000, making it the most affordable BEV under the brand. The under-€20K BEV is designed for the European market as Asian automakers, like China, flood the market with cheap electric vehicles.

BYD 78