Few Chinese Electric Cars Are Sold in U.S., but Industry Fears a Flood
Automakers in the United States and their supporters welcomed President Biden’s tariffs, saying they would protect domestic manufacturing and jobs from cheap Chinese vehicles.
Automakers in the United States and their supporters welcomed President Biden’s tariffs, saying they would protect domestic manufacturing and jobs from cheap Chinese vehicles.
It and other foreign automakers are trying to exploit upheaval caused by new technology to gain market share from their dominant rivals.
Buying an electric car has become much more complicated because of restrictions on which models qualify for a federal tax credit of up to $7,500.
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