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0% chance that US lawmakers will allow low cost Chinese EVs to enter the domestic auto market. They’ll either implement protective tariffs or regulatory barrier
by tschwimmer 3y ago
0% chance that US lawmakers will allow low cost Chinese EVs to enter the domestic auto market. They’ll either implement protective tariffs or regulatory barriers or both.
Aside from US consumers, everyone stands to lose from cheap EVs flooding the market: oil companies, conventional domestic and import manufacturers, electric manufacturers like Tesla, dealerships, arguably even state and local governments who under current laws make less in tax revenue on electric cars.
- viraptor 3y agoSome positive names not on the list: solar importers/installers, electricians, auto repair techs who reskill to EV, everyone who breathes air (collective medical costs), EV charging networks operators, ... I'm sure there's more.
- xnx 3y agoAlso the American car buyer
- HPsquared 3y agoIndeed... There are more car buyers than car sellers. Money talks, though.
- PaulHoule 3y agoThere is a day when ‘affordable cars’ gets in the agenda but it won’t be 2024 as Biden badly needs the UAW vote. (Even though unaffordable cars may be a big reason why people perceive the economy to be bad and probably are a headwind for Biden.)