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 the excellent Volvo EX30 is set to release this year at a starting price of $35k, which was inclusive of the 25% credit. This important SUV for us will be built in the USA for U.S.

Chinese 52

Chinese South Carolina Volvo Tax Credit 52

Charged EVs

SEPTEMBER 22, 2022

The provision that’s gotten the most press is a redesign of the federal EV tax credit—that’s only natural, because it’s the policy that’s most likely to directly affect the average consumer, and because politicians love to talk about tax breaks. Credit where credit is due.

Tax Credit 66

Tax Credit Tax North America Clean 66

Baua Electric

MAY 12, 2024

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.

China 52

China Japan Chinese Auto Industry 52