Biden quadruples tariffs on Chinese EVs, up from 25% to 100%
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. China was originally somewhat slow to adopt EVs – in 2015, EV market share was just.84%,
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