Electric vehiclesChinese EVs still cheaper than Teslas in U.S. after tariff hike
Supply chain advantages help BYD and others compete on price
Chinese automaker BYD's lowest-priced model in the U.S. would still be the cheapest in the market even with a 100% tariff, according to an industry analyst. © Reuters
RYOHEI YASOSHIMA and AZUSA KAWAKAMI, Nikkei staff writers
September 15, 2024 02:34 JST
WASHINGTON/NEW YORK -- Even after the Biden administration's huge tariff increase on imported Chinese electric vehicles takes effect, some models will remain cheaper than competing American cars, a sign of the deep-set challenges facing Washington's EV policy.