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Biden quadruples tariffs on Chinese EVs, up from 25% to 100%

Baua Electric

The US government has announced wider tariffs on several categories of Chinese goods, including various green products like solar panels and batteries, medical goods, and in particular an increase of tariffs on Chinese EVs from 25% to 100%. and Canadian customers as well as for export to European markets.

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Trump promises 100% tariff on Mexico-built Chinese cars—EV or not

Baua Electric

Former President Donald Trump has announced that he would apply a tariff of 100% to cars built in Mexico by Chinese companies for U.S.-market market sale—effectively double the previous tariffs he had seeked to apply. market,” which would “endanger the survival of the U.S. market,” which would “endanger the survival of the U.S.

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Volkswagen faces mounting pressure from Tesla and BYD

Teslarati

Volkswagen faces mounting pressure to keep up with Tesla and Chinese automakers in the transition to battery-electric vehicles (BEVs), and its success in doing so could have major implications. The auto industry is faced with the question of whether and how we will be a global leader in the future,” Baerbock said at the event. “The

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Polestar (PSNY) to cut 15 percent of global jobs amid slowing EV sales, weak market share

Baua Electric

It’s hard out here for startups, and yes, Polestar should still be considered a startup despite its backing from co-owner Volvo Cars and Chinese automotive conglomerate Geely. FTC: We use income earning auto affiliate links. So, to push forward beyond deliveries of the 3 and 4, Polestar has decided to lean down with some job cuts.

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Polestar 3 officially unveiled in China, price cut by about $29,080 from previous

CN EV Post

The Polestar 3 will be on display at the Shanghai auto show next month, and the model will go into production at Polestar's plant in Chengdu, Sichuan province, in the middle of this year, Polestar said today. At that point, the US will serve as the main supply location for North America and other markets.

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Proposed Changes to Federal EV Tax Credit – Part 4: Chinese-Assembled Vehicles Will Not Be Eligible for Tax Credit

EV Adoption

China is the largest market in the world for passenger vehicles but its government also has very aggressive goals to dominate the global automotive stage as cars and trucks transition into hardware and software on wheels that are powered by batteries. BYD Factor Lancaster, CA – Source: BYD Bus.

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How Volvo overcomes U.S. price lists on its cars made in China

Baua Electric

Invoice Russo, CEO of advisory company Automobility Restricted, which is based totally in Shanghai, mentioned the Responsibility Problem program deals some way for Chinese language-affiliated automakers to “bridge the moat” of U.S. market cars. import price lists. “China finds a way.”

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