The United States imposes 100% tariffs on electric vehicle exports to China! Does China care?

Smart electric travel

2024-05-24 17:50Posted in Beijing Automotive Creators

A friend asked me if the U.S. increase the tariff on Chinese electric vehicles from 25% to 100% has a great impact on China's auto industry. I said: The impact is almost negligible, last year China exported a total of 4.91 million vehicles, 1.2 million new energy exports, and only 7,000 to the United States, not even 1%.

The United States has "sanctioned" a lonely one, why do you still want to do it? Because China's advantages in the supply chain capacity of new energy vehicles are too obvious! To put it bluntly, new energy vehicles in China have fast production speed, good quality and cheap price! Tesla only began to make a profit after setting up a factory in Shanghai. BMW has also turned China into a production base for new energy vehicles, exporting to 39 countries around the world.

The United States will have a year-on-year increase of 46% in electric vehicles in 2023, but the total sales volume is only 1.19 million units, and the penetration rate is only 7.6%, while the penetration rate in Europe is 20% in the same period, and China is now 50%. Proof that the U.S. has tremendous room for growth.

Among the top 10 electric vehicles sold in the United States in 2023, only Tesla and Chevrolet have models under $30,000, and the rest are cars with $4-70,000. Inflation in the United States is so strong now, prices are high, and the American version of Pinduoduo is selling "crazy", and consumers want to buy cheap new energy vehicles!

China's new energy vehicles have entered, and the U.S. auto industry has not changed?

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