Affordable Cheap Tax Credit Tech 
Baua Electric
MAY 10, 2024
However, given Chinese EVs are incredibly affordable , even a 25% tariff might still result in competitive prices. But with these increased tariffs, that makes it a little less likely that US consumers will gain access to these cheap, high-tech Chinese EVs. FTC: We use income earning auto affiliate links.
The Truth About Cars
MAY 14, 2024
The changes in the federal EV tax credit rules enacted at the beginning of 2024 also incentivize non-Chinese materials and domestic production. auto market in the short term, but they won’t do anything to make EVs from existing brands any more affordable or desirable. These new rules may prevent China from taking over the U.S.
Baua Electric
MAY 14, 2024
However, given Chinese EVs are incredibly affordable , even a 25% tariff might have resulted in competitive prices. But with these increased tariffs, that makes it less likely that US consumers will gain access to these cheap, high-tech Chinese EVs. It’s long but I’d encourage giving it a read.
Baua Electric
MAY 12, 2024
But instead of just de facto banning the competition from giving Americans access to affordable hot new EVs, the US should instead try making affordable hot new EVs itself. It offers tax credits to EV purchasers, as long as those EVs include domestically-sourced components and are assembled in North America.
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