European auto giants launch a flurry of cheaper electric vehicles — taking the fight to China
European auto giants launch a flurry of cheaper electric vehicles — taking the fight to China
Europe's top carmakers unveiled low-cost EVs at the Paris Motor Show this week, seeking to recapture some of the market share held by Chinese brands.
" ... as soon as vehicles come in the right price range next year … people will flock to buy them.”
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So, when will the huge tariffs on EU-made electric cars start?
What do you mean? Why would Europe impose tariffs on their own cars?
Europe wouldn't. The US would. I'm one of those US-centric users everyone gripes about, it would seem.
I don't think the US would either. Their justification for tariffs on Chinese cars was that they were uncompetitively cheap due to subsidies. Doubt EU is gonna subsidize cars, at least as heavily as China.
Their justification for tariffs on Chinese cars was that they were uncompetitively cheap due to subsidies.
That was the justification, yes.
Whether you agree or not with their justification (or think that it's not the real reason), they clearly have no justifications (or reasons) to impose tariffs on unsubsidized (or at least not as heavily subsidized) EU cars.
Except for the oil lobby.
The oil lobby wouldn't be specifically against cars from another region, they are against electric vehicles in general, whether they are produced domestically or otherwise. The primary benefactors from the tariffs are the US electric car manufacturers, who would lose profit over not being able to compete with subsidized cars. They are probably the ones who lobbied for them.
The oil lobby wouldn’t be specifically against cars from another region, they are against electric vehicles in general, whether they are produced domestically or otherwise.
They're against inexpensive electric vehicles.