The Biden administration hopes to “level the playing field,” but the tariffs are holding some EVs from established brands back.
with a financial advantage over one built in a country with higher pay standards. Their far cheaper production costs is why we’re seeing even some U.S. and European manufacturers try to build vehicles in China and other Asian countries to export back to their home nations. The cost savings—and proximity to the potentially lucrative Chinese market itself—make manufacturing there almost irresistible. Almost.somewhat by raising the costs on a good.
The Biden administration is looking to get ahead of potential Chinese incursions into the U.S. car market, but right now, there are no Chinese manufacturers selling cars in the U.S., as we see in Europe and Mexico. The caveat is that Volvo, Polestar, and Lotus are all owned by the Geely conglomerate that is based in China, but those individual manufacturers are based in European countries.
On the flip side, any automaker manufacturing EVs in China for sale in the U.S. will be impacted as much as any Chinese domestic market brand might. Volvo just announced that, which is to be built in China for sale here, will be delayed and sources within Volvo say that’s due to the cost of the tariffs.
arriving to the U.S. on time. For now, these are the only vehicles official known to be delayed, but don't be surprised to hear about more new EVs delayed due to their manufacturing being located in China.For now, the tariffs have only delayed a few China-sourced EVs from coming to U.S. shores officially.
Polestar Volvo Mini Buick Ford Luxury-Suv Electrics Suv
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