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

Baua Electric

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. The Inflation Reduction Act which updated the US EV tax credit included protectionist measures to disallow Chinese-sourced EVs from taking advantage of the credit.

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

Charged EVs

It’s called the XC40 Recharge, and the earliest versions aren’t cheap, priced from about $55,000 including delivery. Contrasting the two, Volvo is “warm and welcoming,” with “natural and humanistic” materials and style, but Polestar is “pure and minimalistic” with design that indicates it’s “high-tech and exclusive.” Volvo’s first EV.

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Tariffs On Chinese EVs Now Exceed 100 Percent

The Truth About Cars

The changes in the federal EV tax credit rules enacted at the beginning of 2024 also incentivize non-Chinese materials and domestic production. Beyond being cheap, many Chinese EVs have more compelling tech and features than anything we see here, and preventing new competition in the U.S.

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Virginia’s republican governor launches idiotic culture war against CARB

Baua Electric

Not to mention tax credit availability, fuel and maintenance savings, and really cheap deals on EVs right now. VADA correctly recognizes that adopting ACC2 will give Virginians wider choice of high-tech new vehicles, and wants Virginia to be a leader in the move to EVs.

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

Baua Electric

But with these increased tariffs, that makes it less likely that US consumers will gain access to these cheap, high-tech Chinese EVs. The Inflation Reduction Act which updated the US EV tax credit included protectionist measures to disallow Chinese-sourced EVs from taking advantage of the credit.

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Electric Car Makers: Oregon Wants You - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

Governor Kulongoski is currently pushing a plan before the state legislature to cut some hefty tax breaks for electric vehicle manufacturers who choose to come to Oregon, as well as provide huge tax credits to purchasers of electric cars. “My Next post States’ Proposals for Gas Taxes Sputter 11 Comments 1.

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

Baua Electric

So in the end, US jobs likely won’t benefit overall , and US consumers will simply be denied a chance to buy cheap new EVs from China – like, for example, the excellent Volvo EX30. 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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