...even a 100% tariff on Chinese EV may not be enough! $19,000...

...even a 100% tariff on Chinese EV may not be enough!

$19,000

That's the average price of a new car exported from China in 2024.

Compare with:

Ave price of a new car in America: $47,000.
Ave price of a new car in Europe: $53,000.

China will export > 6 million cars this year - up from just 1 million in 2020.

What is to stop that number from going to 12 million by 2028?

https://x.com/dunne_insights/status/1835876888704913494