• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

US quadruples import tariff for Chinese EVs to 100%

In a move that’s meant to “protect American manufacturers”, the Biden administration has quadrupled the import tariff for Chinese EVs, taking it from 25% to 100%. The reasoning here has to do with China being accused of subsidizing its own EV makers, “flooding global markets with artificially low-priced exports”, and the response is ironically doing the exact same thing, aka… Read more…

Bookmark the permalink.

Comments are closed.