Source: https://www.news.com.au/technology/motoring/motoring-news/china-executes-347-billion-plot-to-control-worlds-electric-vehicle-market/news-story/5045915379b18598ea0d94f279b3482f
Canada is considering similar tariffs as the US, their Chinese imports grew from $100M to $2.4B. Australia won;t follow suit as our government wants cheaper E.V cars available here to increase the uptake to help it's emission reductions targets.
Australia’s doors wide open
An approach similar to that of the US and EU is unlikely in Australia.Prime Minister Anthony Albanese’s commitments on climate change and emissions reductions rely on a rapid take-up of EVs by Aussies.Two of the three major barriers to adoption are high costs and limited choice – the third is the country’s limited public charging infrastructure.Swinburne University professor of future urban mobility Hussein Dia said China’s dominance of the Australian EV market is “a good thing for consumers and the planet”.
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“Cheaper EVs are good news for consumers in Australia, particularly in the small to medium car market segment where the available EV choices are still limited.
“Providing these options to consumers means improving our chances to achieve the mandated emissions reductions targets, and consumers also benefit as result of reduced running costs because EVs are cheaper to run.”
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“There are some exceptions, but in general Western automakers and governments have dilly dallied and not been aggressive enough,”
Unfortunately this is confirming my view that the west must step up and (Australia) needs to counter the amount of cheap stuff we import. How do you convince a population that needs something to pay double the price to buy it from an alternate source? My sons motorbike (Honda) needed a replacement fuel injector. Buying the Honda branded part would cost $250, buying a non Honda part likely made in the same factory looking identical and with the same specifications cost $37 - how do you justify paying the price difference?
The west' ability to compete and supply alternate products at an acceptable price is what will make the difference or, populations need to recognise the inherent value of buying locally made - supporting local industries and their neighbors income.
GLTA
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