Biden quadruples tariffs on Chinese EVs, up from 25% to 100%
Baua Electric
MAY 14, 2024
Currently only two EVs in the US are made in China, the Polestar 2 and Volvo S90 Recharge Plug-in Hybrid. But with these increased tariffs, that makes it less likely that US consumers will gain access to these cheap, high-tech Chinese EVs. Most of these tariffs go into effect this year, though some will be imposed next year.
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