Polestar delivers brand’s first EVs not made in China
Baua Electric
NOVEMBER 2, 2024
In addition to more stringent sourcing requirements, new “foreign entity of concern” language disqualifies subsidiary companies if a “parent entity” in China, Russia, Iran, or North Korea holds more than 50% in the company. Building cars in the U.S. does at least avoid recently-hiked tariffs on Chinese EVs.
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