Chinese EVs probably won’t offer incredible value for much longer – here’s why

The US government has said it will increase the border tax on Chinese-made electric vehicles from 25% to 100% in a move that President Biden hopes will halt the threat that more affordable EVs pose to its domestic carmakers.Chinese EVs imported to the US prior to the updated tariffs already face a 25% tax, alongside an additional 2.5% that affect any foreign vehicle import, taking the total to 27.5%, which means sticker prices of China-made vehicles in the US

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