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Americans Are Open To Cheap Chinese Cars. That’s 'Scary' For The Rest Of The Auto Industry (insideevs.com)
submitted 6 months ago by schizoidman@lemmy.ml to c/evs@lemmy.world
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cross-posted from: https://lemmy.ml/post/15089465

Americans Are Open To Cheap Chinese Cars. That’s 'Scary' For The Rest Of The Auto Industry

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[-] AA5B@lemmy.world 3 points 6 months ago

One of the ways they have are through CAFE credits - incentives for higher fuel efficiency and electric vehicles, since at least 2012. However the credits are tradeable, so legacy manufacturers instead bought credits from Tesla, and other EV manufacturers

this post was submitted on 01 May 2024
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