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Domestic US Automakers Still Need To Prepare For Chinese Competition

Hoca

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News recently broke that the Biden administration plans to jack import taxes up on Chinese EVs, raising them from the current 25% to 100%. This would double the price of Chinese EVs, which would also not be eligible for federal point-of-sale tax credits. This move is obviously meant to protect ... [continued]

The post Domestic US Automakers Still Need To Prepare For Chinese Competition appeared first on CleanTechnica.
 
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