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Chinese Electric Vehicles Could Subdue US Market If EPA Proposal Continues
The United States has been a tough nut to crack due to a tariff imposed during the Trump administration. In addition, the current EV tax incentives are only available for U.S.-manufactured vehicles. However, the EPA’s proposal to increase EV presence in the country presents China with an opportunity to rapidly expand in the U.S. market.
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Chinese Electric Vehicles Could Subdue US Market If EPA Proposal Continues
The United States has been a tough nut to crack due to a tariff imposed during the Trump administration. In addition, the current EV tax incentives are only available for U.S.-manufactured vehicles. However, the EPA’s proposal to increase EV presence in the country presents China with an opportunity to rapidly expand in the U.S. market.
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