Two years ago, the EU imposed new tariffs on Chinese made electric cars because they were flooding the the new car market in Europe. For some reason, the European Commission decided not to place similar tariffs on plug-in hybrids made in China at the same time. The German auto industry … [continued]
Some US automakers — as well as linked politicians — have been extremely opposed to Chinese automakers bringing their electric vehicles to the US market. It’s funny — supposedly, most consumers don’t want electric cars, but allowing Chinese automakers to bring electric cars into the United States is a dire … [continued]
Well, we don’t know exactly how much EU tariffs on EVs produced in Chinese hit different brands, but a new analysis from Transport & Environment (T&E) sure provides some strong implications that made my eyes pop. Scrolling through the report, I saw this chart and found it fascinating: First of … [continued]
Imports of Chinese batteries, which face virtually no tariffs, increased seven fold. The EU’s electric car tariffs succeeded in reducing the market share of EVs made in China, according to T&E analysis of the trade measures. But while the share of electric cars produced in China by western brands fell, imports … [continued]
China has rapidly electrified its auto market, which is by far the largest auto market in the world. The country accounts for about half of the world’s electric vehicle sales, and 63% of the country’s auto sales were plugin vehicles last month. As the market has ramped up and gotten … [continued]
Last May, Honda decided to “suspend” a massive EV factory it had planned to build in Canada, a blow to the North American EV market and overall EV transition. But why? “There are challenges with the US tariffs, unjustified tariffs in the auto sector,” Prime Minister Mark Carney said in … [continued]
The European Union’s policies and rationale slapping tariffs on electric vehicles (EVs) may be a bit better than the USA’s, but they are also quite dubious. One interesting thing the EU is doing now is allowing exemptions for EVs produced in China for European brands. Why should they get exemptions? … [continued]
Following the Olympic closing ceremony, a lot has happened in the world. Trump gave the longest and most incoherent State of the Union address in history. The US started waging war on Iran. In a more encouraging demonstration of higher intelligence, we saw Punch the monkey and his plush orangutan … [continued]
ChatGPT generated illustration showing how tariff and political volatility in the United States is creating financial headwinds for wind, solar, batteries, and EV deployment
The Supreme Court’s decision limiting presidential tariff authority should have reduced uncertainty. Instead, it introduced a new layer of it. The Court narrowed the use of one statute for imposing broad tariffs. The response from the administration was immediate. Tariffs would continue under other authorities, and tariffs already collected would … [continued]
The Supreme Court has ruled that Trump’s arbitrary imposition of tariffs under the IEEPA (International Emergency Economic Powers Act) are not legal. This ruling opens the door for thousands of lawsuits against the Trump administration seeking refunds for tariffs and compensation for business impact — roughly $175 billion by some … [continued]
