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Volkswagen faces mounting pressure from Tesla and BYD

Teslarati

Volkswagen faces mounting pressure to keep up with Tesla and Chinese automakers in the transition to battery-electric vehicles (BEVs), and its success in doing so could have major implications. The auto industry is faced with the question of whether and how we will be a global leader in the future,” Baerbock said at the event. “The

BYD 136
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Biden quadruples tariffs on Chinese EVs, up from 25% to 100%

Baua Electric

The US government has announced wider tariffs on several categories of Chinese goods, including various green products like solar panels and batteries, medical goods, and in particular an increase of tariffs on Chinese EVs from 25% to 100%. Free trade creates jobs, wealth and economic growth. 84%, similar to the US market share of.66%

Chinese 52
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Trump plans to gut EV policy: What it might mean for jobs, auto industry, made in America

Baua Electric

Meanwhile many Chinese automakers were pivoting to EVs, and China made no secret about nurturing strong global automakers while building out a supporting clean-energy infrastructure. There’s been no about-face to a clean-energy economy. they can’t send Chinese workers over here.” According to Harvard University data, the U.S.