President Biden has made a longstanding commitment to establish 500,000 electric vehicle (EV) charging stations in the United States by 2030. These stations, according to the White House, are intended to bolster Americans' confidence in purchasing and driving electric cars while aiding the country in reducing carbon pollution.
Biden's $7.5 billion investment in EV charging has only porduced 7 stations in two years
5/10/2024
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However, despite Congress allocating $7.5 billion over two years ago to support the construction of these stations, only 7 EV charging stations are currently operational across four states. With the Biden administration unveiling new emissions regulations for cars and trucks, which will necessitate a significant increase in electric cars and hybrids on the roads, the slow progress in building out these stations could impede the transition to electric vehicles.
President Joe Biden is expected to announce new tariffs on China next week, focusing on strategic sectors such as a substantial increase in levies on electric vehicles (EVs), according to three individuals familiar with the situation. The announcement, slated for Tuesday, will maintain existing tariffs on many Chinese goods implemented by former President Donald Trump, while also introducing new tariffs on semiconductors and solar equipment, along with higher tariffs on EVs. Additionally, Chinese-made medical supplies like syringes and personal protective equipment will face additional tariffs.
The Biden administration's revision of the "Section 301 tariffs" targets industries deemed strategic for competitiveness and national security. This move follows calls from several lawmakers for significant tariff increases on Chinese vehicles, despite the relatively low number of Chinese-made light-duty vehicles currently being imported.
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Under the new Biden plan, tariffs on Chinese EVs are expected to quadruple, as reported by the Wall Street Journal, citing sources familiar with the matter. Senate Banking Committee Chairman Sherrod Brown has advocated for an outright ban on Chinese EVs, citing concerns over potential risks to Americans' personal data.
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