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Monday, May 20, 2024

China makes cheap electric vehicles. Why can’t American shoppers buy them?

New EVs aren’t cheap. At least, not in the United States. In other parts of the world, bargain electric vehicles from China abound, but a 27.5% tariff has kept those cars out of the United States. Arvind Srinivasan, who recently shopped around for an EV under $25,000, feels conflicted about that. “As …

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