
US Car Buyers Envy What They Cannot Have: Affordable Chinese EVs
Many U.S. consumers are increasingly interested in lower-cost Chinese electric vehicles but steep tariffs and political resistance are keeping them out of the market. A recent survey from Cox Automotive found that 40% of respondents support allowing Chinese auto brands into the U.S. market. Reuters reports: While Chinese autos hit the highways of Europe, Latin America and even Canada, the U.S. government has effectively banned the cars with tariffs exceeding 100%, out of concerns over data security and protecting American jobs. In places like Europe, a number of Chinese EVs sell at prices under $30,000. Some of those cars include amenities like advanced driving assistance software, a built-i...