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Domestic US Automakers Still Need To Prepare For Chinese Competition

Thread starter Hoca
Start date May 12, 2024

Hoca

Administrator

Staff member

May 12, 2024

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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