While almost no Chinese EVs are legally sold in the US, these are the workarounds that could allow eager enthusiasts to get them onto American roads—at a price.
Inversely, the cars with the highest U.S. and Canada parts content are the Tesla Model 3 with 75%, Tesla Model Y and Volkswagen ID.4 with 70%, plus the Tesla Cybertruck and Model S with 65%. Every other vehicle on the list is at 62% or below.
The Trump administration’s 25% tariffs on imported cars and auto parts is expected to disrupt the auto industry and raise car prices by thousands of dollars. And electric vehicles are at particular risk.
The stalled projects include a $1 billion Aspen Aerogels plant in Georgia. The company, which won research grants from NASA and specializes in producing fire suppressants for EV batteries—including those that it supplies to General Motors—announced that it was shifting production to its other existing factories in the U.S., plus China and Mexico.
Explore the rise of Chinese EV giants like NIO & BYD, global leadership, & risks tied to China's policies. Click for why tensions might outweigh investment rewards.
Trump retook the White House in part because of higher prices. Why is he pursuing policies that will raise them even more?
The levies are expected to drive up costs for U.S. companies that rely on renewable energy technology from abroad and scramble supply chains worldwide.
3don MSN
As Trump threatens to impose more tariffs on other nations, Chinese manufacturers are going to greater lengths to dodge them.