AD #3892 - Russia May Hike Tariffs on Chinese Cars; EU OEMs Want To Delay 2025 Emission Targets; Used EV Prices Down 25%
About this episode
Tariffs on Chinese EVs and automotive imports are rising globally, with the US, Europe, Canada, and potentially Russia imposing higher duties to protect domestic industries. This impacts supply chains and prompts automakers like GM to seek US-made battery sources. European OEMs are lobbying to delay stringent 2025 emission targets due to production challenges and potential fines. Meanwhile, used EV prices in the US have dropped sharply, outpacing declines in gas and hybrid vehicles. The episode also covers Chinese automakers expanding internationally, GM's fast-charging network plans, and Volvo exiting its vehicle subscription service.
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