Domestic US Automakers Still Need To Prepare For Chinese Competition
Credit to Author: Jennifer Sensiba| Date: Sun, 12 May 2024 05:14:14 +0000
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]
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