So far, only China has been able to reverse the market trend of increasing price of EV cars. Thanks to economy of scale efficiently implemented by vertical integration from supply chain minerals extraction to robotic manufacturing, to electrifying charging station, to clean energy grid and charger distribution, to Ai software... It benefits everyone who, like me cannot afford to replace my old ICE car with a Tesla because it's too expensive. But a Chinese Wulling at $8K delivers 120 miles per charge. Of course a BYD at $15K / 300+ miles would be even nicer... So I'm willing to wait indefinitely until they are offered here, in California. I would pay up to 20% tariffs, not because I can't afford it, but because I think it's outrageously unfair to me and China. I paid my taxes hoping we tamed inflation and go green, but we're doing the opposite, protecting a fossil industry in decline and overtaxing me to wage wars on foreign entities in doing so. It's unfair to China, because it did its duty in cleaning its energy supply and producing affordable EV for the world to go green. But instead of praises we boycott them? Weird... to say the least.!
The tariff on China made EVs is now 100 percent in the US. Europe has raised their tariffs to 38 percent, largely due to their claim that China subsidized EV makers unfairly in contravention of WTO regulations, whether true or not, there will probably be WTO investigations. You could find out more at the governing bodies of the EU and US for their rationale. No doubt China will reciprocate. VW and BMW opposed the tariffs. VW makes half its profits in China. BYD is building factories in Mexico, they say for export to South America, not for NAFTA. Chile has riots at closing steel foundries due to Chinese alleged dumping. Brazil is working on sanctions. Expect a global trade war aimed largely at China. It's going to be a bumpy ride.
@@dylanthomas12321 Sorry, I mistyped... I meant to say that although I'm totally opposed to sanctions, I still could consider buying a Chinese EV with less than 20% tariff since it would still be cheaper than any of "our" EVs. Actually, I'd rather save my money and keep on driving my old ICE cars in retaliation against our shameful foreign policies. It's truly sad for our planet, but it's way much worse for the people who suffer our insane hegemony all around the world.
