US is restricting Chinese car batteries? To hear about US restrictions on China!!
#ChineseCar #NewEnergy #electricvehicles
Is it true that the United States is restricting Chinese car batteries? It is not surprising to hear about US restrictions on China in the semiconductor industry, but just yesterday, the United States introduced a new regulatory policy in the electric vehicle industry, which is unexpected because it is targeting their own companies. What could be the reason behind such strict regulatory measures on American businesses?
The latest policy states that from 2024 onwards, US-made electric vehicles that contain battery components and minerals manufactured in China will no longer be eligible for a $7,500 tax credit. This means that starting next year, electric vehicles equipped with Chinese batteries will not have any price advantage in the US market. It can be said that this restriction policy will slow down the transition from fuel-powered cars to electric vehicles in the United States. At a time when countries around the world are competing for the electric vehicle market, the United States has chosen to slow down its own transition pace and implement policies at the expense of its domestic automakers’ interests. What is the US thinking?
According to the United States, these measures are meant to stimulate the domestic battery manufacturing industry and strengthen the country’s supply chain dominance in the electric vehicle industry. Historically, the United States has been heavily reliant on petroleum energy, and its government support for electric vehicles is not as strong as that of China and European countries. They depend on imports, even for products like batteries that have a high pollution output during the manufacturing process. In a way, this has provided an opportunity for China to rise in the battery manufacturing industry, as exemplified by companies like CATL (Contemporary Amperex Technology Co. Limited).
Currently, a significant portion of the United States relies on batteries manufactured in China. In addition, the minerals such as lithium, cobalt, and nickel used in battery production are also imported from China. However, in recent years, with advancements in clean energy technology, the United States wants to regain control of the battery manufacturing industry and strategically limit the role of Chinese companies in the US electric vehicle supply chain to reduce dependence on them.
1 view
6
3
1 month ago 00:01:45 1
How Does Rosie O’Donnell Feel About Ellen DeGeneres’ Downfall? | SiriusXM
1 month ago 03:00:00 1
Elven Sanctuary: Relaxing Music With Atmospheric Female Vocals & Enchanted Elvish Views
1 month ago 00:05:10 1
SABATON - Uprising (Official Music Video)
1 month ago 00:17:41 1
Equinox Meditation Music | Etheric Frequency for Inner Peace & Renewal
1 month ago 00:04:14 1
- Savage - Don’t cry tonight 2022 ( remix )Best Movie video mix
1 month ago 00:09:45 1
Prière Quantique de Nettoyage des Energies Transgénérationnelles Négatives de l’Histoire Familiale
1 month ago 00:55:43 1
Russia 4K - Scenic Relaxation Film with Calming Music
1 month ago 00:42:12 1
Shiv Shakti | शिव शक्ति | Full Episode #12 | भगवान शिव विष का पान करते हैं!
1 month ago 00:04:29 1
LaraRai - Музыка дождя (Regirock rmx)
1 month ago 00:04:17 1
Скриптонит - Поворот (Innasounnd Remix)
1 month ago 00:03:23 1
K/DA - POP/STARS (ft. Madison Beer, (G)I-DLE, Jaira Burns) | Music Video - League of Legends
1 month ago 00:00:49 1
Сальма Хайек: как побороть дискриминацию и стать легендой
1 month ago 00:04:41 1
«ДЕТСТВО – ЭТО МЫ!», Ансамбль Локтева. “CHILDHOOD IS US!“, Loktev Ensemble.
1 month ago 00:00:41 1
Village Idiot
1 month ago 00:02:04 1
Senator delivers ’BRAINROT’ speech in parliament: “Skibidi!“ | 6 News
1 month ago 00:18:16 1
US Versus CHINA - Who’s Better For The Philippines?
1 month ago 00:00:00 1
“God Had Me Move Just in RUSSIA!“ An American’s Story @expatamerican3234
1 month ago 00:04:03 1
Ryujin “There Is a Light That Never Goes Out“ (by. The Smiths) | #COVER_IT
1 month ago 00:11:29 1
OceanGate Titan Sub Debris Video Shows How It Imploded
1 month ago 00:03:53 1
Дом Восходящего Солнца. Русский вариант (Unofficial Video)
1 month ago 00:03:00 1
Kavinsky, Angèle & Phoenix - Nightcall (2024 Paris Olympics Remix)
1 month ago 01:01:34 1
Quiet Time with God: 1 Hour Instrumental Worship | Prayer Music
1 month ago 00:55:30 1
Lunchtime Concert | The Fairmount Trio
1 month ago 00:08:09 1
I Survived Tokyo’s DEADLY Hail and Storm Here’s What Happened in Japan