Every country that builds things eventually faces the same question about a cheaper foreign rival, and there are only two honest answers to it.
You can wall the rival out and buy yourself time, or you can let the rival in and try to learn something before it eats you.
Both answers cost money. Only one of them tells you where you actually stand.
The United States picked the wall, and picked it hard. A 100% import duty on Chinese electric vehicles took effect in September 2024, according to the Office of the U.S. Trade Representative.
A separate Commerce Department rule bars Chinese-linked vehicle software starting with model year 2027 cars and Chinese-linked connectivity hardware from model year 2030, according to the Bureau of Industry and Security.
#according #year
You can wall the rival out and buy yourself time, or you can let the rival in and try to learn something before it eats you.
Both answers cost money. Only one of them tells you where you actually stand.
The United States picked the wall, and picked it hard. A 100% import duty on Chinese electric vehicles took effect in September 2024, according to the Office of the U.S. Trade Representative.
A separate Commerce Department rule bars Chinese-linked vehicle software starting with model year 2027 cars and Chinese-linked connectivity hardware from model year 2030, according to the Bureau of Industry and Security.
#according #year
13 days ago