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.
I'm usually against tariffs but in this case it seems like a pretty fair tit for tat to China basically removing the budgetary concerns for their manufacturers that said manufacturer's international counterparts won't have.
Subsidizing local production for local markets is fine enough, but exporting products made with an infinite money glitch active is more or less an intentional play at market capture.
And before some sinoboo tries to gatcha me I do also object to examples where the west subsidizes domestic production for international markets.
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 was just talking to my dad about this the other day and I told him that it was only a matter of time before the US government goes after Chinese EV's at the request of the US auto lobby.
I didn't think it would be this soon, though. Hurray for more garbage EV's for $50,000+
I’m frankly getting pretty goddamn annoyed at all the people who relentlessly fail to understand that the PRC is heavily subsidizing production of basically all of their EVs in the interest of undercutting literally all other countries that are (or are trying to) produce EVs.
By all means, research what I’m saying here to confirm its veracity - in fact I encourage you to. This is economic warfare, plain and simple.
Isn't this just a ban on Chinese evs? Just with extra steps? Make it impossible financially to sell it in the US pretty much is a ban without saying it's a ban
Although the BYDs and GWMs and MGs are getting popular in Australia, I have literally never seen a Chinese EV in the States outside of locally built BYD busses, and BYD cars have distinct designs that are fairly easy to spot. So this feels like posturing to me.
I wonder how repairable and maintainable these will be as compared to EV's from other markets and if replacement batteries will be available as the original ones reach the end of their useful life.
If these concerns end up being valid, and the tariffs are large enough that these cars aren't priced particularly competitively, that'd be enough for this EV consumer to pass it up for his next vehicle. Will be interested to see how it plays out.
Edit: Wanted to say I'm not against Chinese EV's. If it ends up making sense to get one, I will.
Free market but only until someone overtakes us, then shun them to eliminate cheap merchandise so we can rig up the prices, did i understood that right?