Chinese EV Makers Unfazed by Western Tariffs ...Middle East

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Chinese EV Makers Unfazed by Western Tariffs
source : OILPRICE ( Middle East ) () 38
The West is attempting to form a front against the coming onslaught of cheap electric vehicles from China. Just this week the European Union slapped significant tariffs on Chinese EV imports, a month after the Biden administration quadrupled their own tariffs to reach a whopping 100%. But will it be enough to keep Western-made electric cars competitive on the global market? China is able to produce electric vehicles – and pretty much everything else – much, much more cheaply than its western competitors. Chinese EVs sell for as little…

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