Remove Cheap Remove Chinese Remove Electric Vehicles Remove Tax
article thumbnail

Biden administration considers penalties for Chinese EV companies in Mexico

Teslarati

The Biden Administration is considering penalties for Chinese electric vehicle (EV) automakers who are moving production to Mexico. On May 14, 2024, the Biden Administration released new tariffs on Chinese EV imports and other sectors to protect American workers and businesses in the United States. According to U.S.

Mexico 86
article thumbnail

Canada most recent country to consider tariffs on China-made EVs

Teslarati

Canada is now mulling the possibility of placing tariffs on China-made electric vehicles, becoming the most recent country to consider a potential tax on EVs that come from the world’s largest automotive market. Canada is now considering adding tariffs to those vehicles that are imported from China.

Canada 80
article thumbnail

Okay, Robotaxi looks cool. But how is this better than Model 2?

Baua Electric

Not much was known about the Model 2, except that it would be a cheaper, smaller EV, starting at $25,000 – long thought to be the appropriate entry-level for consumer vehicles (the cheapest gas cars in America are around $17k – and a $25k EV would cost about the same after the $7,500 federal tax credit ).

Tesla 52
article thumbnail

Volvo XC40 Recharge and Polestar 2: EV cousins offer different takes on “premium”

Charged EVs

You might not know it to look at them, but these two cars—one Swedish, one Chinese—share underpinnings and a parent company. Volvo and its Chinese parent Geely are very serious about selling cars that plug in. Starting in 2016, the Swedish brand has included plug-in hybrid versions of pretty much every new vehicle it sells in the US.

article thumbnail

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. Tariffs on electric vehicles are now 102.5

Chinese 98
article thumbnail

EV ute overload: The electric pickups coming soon

EV Central

Rather than utilising a skateboard-style architecture with the battery pack as part of the floor structure Ford simply added batteries and electric motors to the F-150 ladder frame structure. Two electric motors, one for the front wheels and one for the rear, combine to produce 614 horsepower, or 451kW.

F-150 95
article thumbnail

BYD has no plans to enter the US Market amid “complications’ [Feature]

Teslarati

China’s top new energy vehicle manufacturer, BYD, has no plans to enter the United States auto market. BYD Executive Vice President and CEO of BYD Americas sat down with Yahoo Finance , and talked about the Chinese automaker’s lack of presence in the US Market and the global electric vehicle (EV) market.

BYD 88