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Biden rumored to announce quadrupling of tariffs on Chinese EVs, up to 100%

Baua Electric

The US government is reportedly set to announce 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%. Photo is licensed under CC-CC0 1.0

Chinese 52
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Farley: Chinese language automakers turning into EV ‘powerhouse’

Baua Electric

CEO Jim Farley says Chinese language electrical car makers are its primary competitors within the sector, however the corporate has hurdles competing on charge at a smaller scale. “We see the Chinese as the main competitor, not GM or Toyota,” Farley stated Thursday on the Morgan Stanley Sustainable Finance Zenith.

Chinese 52
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What Does It Take To Win The EV Race As A Country?

Get Electric Vehicle

If you come across a safe and reliable battery technology it can be used in the country’s space mission or you found a better alloy that is cheap to produce or lighter in weight and performs well under load it can be used in other sectors or even in the gasoline cars to increase efficiency and reduce carbon emission.

Norway 40
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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%. China was originally somewhat slow to adopt EVs – in 2015, EV market share was just.84%,

Chinese 52
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US senators want even higher tariffs on Chinese EVs

Baua Electric

Just as the EU is considering tariffs on Chinese EVs imported into Europe, three US Democratic senators are urging that the Biden administration hike import tariffs on Chinese EVs to address national security risks. In the US, American drivers have about 50 EVs to choose from, with Europe having about double that.

Chinese 52
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Tariffs on China aren’t the way to win the EV arms race – getting serious on EVs is

Baua Electric

News came out on Friday that President Biden is set to quadruple tariffs on Chinese EVs to protect the US auto industry from the rapid growth of Chinese EV manufacturing. But EV manufacturing has grown even faster, with Chinese EV production outpacing domestic demand and exports rising rapidly in recent years as well.

China 52