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n4807g

05/15/24 2:39 PM

#29323 RE: DewDiligence #29321

That's a good question. Once upon a time it was easy to dismiss Chinese EV's as inferior, but today they are actually innovators, particularly in battery technology. One thing is for certain; if domestic producers can't build a sub $25K EV with reasonable amenities and range a large segment of buyers will be priced out. I suspect that under the tariff umbrella domestic manufacturers have little incentive to build less costly EV's. One things for sure, adoption will be slower with the tariffs.