The Biden administration is poised to unveil new tariffs on imported Chinese electric vehicles, creating a potential roadblock for Chinese automakers wanting to expand into the American market.
God forbid anyone get a cheap EV before US car companies sort out which $50,000+ car brand can position itself as the “luxury” one before accepting that they need to build cheaper models.
I think part of the problem is that new cars are bought mostly by fairly well-off individuals; with other people buying used cars. Economy cars sell poorly in the U.S.
God forbid anyone get a cheap EV before US car companies sort out which $50,000+ car brand can position itself as the “luxury” one before accepting that they need to build cheaper models.
I think part of the problem is that new cars are bought mostly by fairly well-off individuals; with other people buying used cars. Economy cars sell poorly in the U.S.