US Electric Vehicle Buyers Score Big: $1 Billion Saved Thanks to New Tax CreditsIt was found that electric vehicle buyers in the US have saved more than $1 billion through the Inflation Reduction Act (IRA) this year.
Hitting China Where It Hurts: Biden Raises Tariffs on Electric Cars and SemiconductorsThe Biden administration in the United States has significantly increased trade barriers against China by quadrupling the tariff on Chinese electric vehicles to 100% and imposing high tariffs on some semiconductors. This move appears to preemptively block the entry of Chinese low-cost exports into the U.S. market while demonstrating its willingness to watch over China […]
Nissan's Next-Gen LEAF Will Not Qualify for the IRA in the U.S.Nissan's next-gen Leaf, produced in the UK, loses a US IRA tax deduction, impacting its competitiveness in the market.
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