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Biden Is Trying to Buy EVs Time With New Tariffs on China. It Might Not Work

America now has 100% tariffs on Chinese electric vehicles, but with US automakers struggling to compete and its reliance on China’s materials, will this help? Mercedes, BMW and VW think not.

China’s lead in electrics, experts say, stems from years of investment in vehicle software, battery, and, critically, supply chain development. Motor and diesel fuel consumption in the US transportation sector accounted for nearly a third of the country’s energy-related carbon dioxide emissions last year, according to the US Energy Information Administration. Meanwhile, another influential US policy, the Inflation Reduction Act, directs billions to standing up domestic supply chains for electric vehicles and other renewable energy sources.

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