EVs

Tariffs – President Biden Slaps China with New Taxes on EVs and Solar Cells, sparking Trade War Fears – Find Out More Here!

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WASHINGTON (AP) – President Joe Biden imposed significant new tariffs on Chinese imports ranging from electric vehicles to solar cells, in a move that highlighted his commitment to fair trade practices. The tariffs were announced during a speech at the White House, where Biden emphasized the importance of American workers having a level playing field in global markets. The new measures aim to address what Biden described as unfair competition resulting from Chinese government subsidies …

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Tariff War: Biden Slaps 100% Duty on Chinese EVs – What This Means for US Manufacturers!

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Washington, D.C. – President Joe Biden has announced a significant increase in tariffs on Chinese-made electric vehicles, part of a larger effort to protect American manufacturers from the influx of cheap imports. The move, which follows a four-year review process and aims to prevent Chinese goods subsidized at low costs from flooding the U.S. market, marks an escalation in trade tensions between the world’s two largest economies. The White House disclosed that it will impose …

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**TARIFF TURMOIL**: Biden set to hit Chinese EVs with 100% tariffs, sparking trade war concerns

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Washington, D.C. – President Joe Biden is set to unveil new tariffs on various Chinese imports, including electric vehicles (EVs), semiconductors, batteries, solar cells, steel, and aluminum. The tariffs on EVs, in particular, are expected to increase to 100%, a significant jump from the current 25% tariff. This move is part of the Biden administration’s efforts to protect American companies and manufacturing jobs from unfair trade practices employed by China. National security adviser Jake Sullivan …

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**Electric Vehicles**: Chinese EV Company Zeekr Makes Massive IPO Splash in US Market – Are Offshore Markets the Future for EVs?

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Hangzhou, China – The Chinese electric vehicle industry has made waves in offshore markets, as evidenced by the 34 percent surge in shares of EV maker Zeekr during Friday’s largest IPO in the US by a Chinese company since 2021. Zeekr, a premium car brand based in Hangzhou that emerged from China’s Geely group, raised $441 million in New York by selling 21 million American depositary shares, priced at $28.26, marking investor confidence in Chinese-linked …

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Tesla’s Future on the Line: Musk Promises Affordable EVs by 2025

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Los Angeles, CA – Tesla, the electric car company led by Elon Musk, has announced plans for more affordable vehicles after deciding to shelve the development of an all-new Model 2. This decision comes as Tesla faces increasing pressure to offer cheaper options to attract a wider customer base. The move also aligns with Musk’s goal of making electric vehicles more accessible to the general public. The news of Tesla’s commitment to producing more affordable …

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**Tires of Steel: Are EVs Really Wrecking Your Wheels?**

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St. Louis, Missouri – Electric vehicles (EVs) have been a topic of discussion regarding their impact on tire longevity. Some claim that the weight and torque of EVs lead to faster tire wear compared to traditional internal combustion engine (ICE) vehicles. Misinformation spreading online suggests that EV tires may only last 15,000 miles, causing potential EV buyers to question the practicality of owning one. Addressing this misconception, a closer look at personal experiences with EV …

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**Electric Vehicles**: How Darlene Wilson’s Unexpected Experience with a Tesla Changed Her Mind About EVs

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St. Louis, Missouri – In an unexpected turn of events, SUV driver Darlene Wilson found herself behind the wheel of a Tesla electric car after her family’s Chevrolet Traverse was involved in a crash. Wilson, a busy mom driving hundreds of miles a week with her two kids and managing an Airbnb, initially appreciated the Traverse’s spaciousness. However, the frequent and costly fill-ups had become a burden. After a few weeks of driving a rental …

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**China EVs Face Pressure as Shares Plunge in Hong Kong Trading – Is the Bubble About to Burst?**

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Hong Kong, China – Shares of Chinese EV makers listed in Hong Kong took a hit in early trading Monday as concerns over price wars in China’s electric vehicle market weighed on investor sentiment. Li Auto saw the steepest decline, with shares plummeting nearly 11%, followed by Nio with a 4.6% drop, Xpeng down 3.9%, and BYD off 1.3%. The downward trend in the market comes as BYD launched a new, more affordable version of …

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Ford Halts Shipments of New F-150 Lightning EVs – What Happens Next?

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Detroit, Michigan – Ford has announced a temporary halt in shipments of its new F-150 Lightning electric vehicles. The decision comes as the automaker faces supply chain challenges impacting the production of these highly anticipated electric trucks. The F-150 Lightning, touted as a revolutionary electric version of Ford’s iconic F-150 pickup truck, has garnered significant attention since its unveiling. However, Ford’s decision to pause shipments raises concerns among customers eagerly awaiting delivery of their new …

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Biden’s Admin Pulls Back on Strict EPA Rules for EVs by 2032, Industry Pressure Revealed

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WASHINGTON, D.C. – The Biden administration is adjusting its approach to strict EPA rules that would have required U.S. automakers to prioritize electric vehicles (EVs) by 2032. The decision comes after industry pressure to allow more time to lower EV costs and expand the national charging infrastructure, according to reports. Labor leaders have also urged President Biden to extend union membership to employees working in new U.S. EV plants, a move that has prompted the …

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