The threat of hordes of cheap EVs made in China has governments concerned in Europe and the US. Chinese manufacturers are sending more EVs to Europe than they can sell, leading to thousands of them being parked at port facilities.
The threat of hordes of cheap EVs made in China has governments concerned in Europe and the US. So far, the US tariff on Chinese EVs stands at 27.5%, which has kept virtually all electric cars from China out of America. In February, Senator Josh Hawley, a card carrying MAGA Maniac, introduced a bill that would. The lack of high import tariffs has encouraged Chinese manufacturers to look to Europe as a place where they can send boatloads of electric cars.
At a roundtable meeting with industry leaders in Paris on April 7, Chinese Commerce Minister Wang Wentao said that accusations of “overcapacity” were “groundless,” and also touted that innovation and “perfect” supply chains were behind their performance. However, the complete opposite can be seen on the ground in Europe’s port of entries. Brands like BYD are building teams in Europe from scratch and dealing with real-world logistical challenges.
China Evs Europe US Import Tariffs Port Facilities
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