Tariffs, automated vehicles and zero-emission planes
Talking Michigan Transportation
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Navigating Turmoil: Tariffs, EVs, and Industry Challenges
This chapter explores the tumultuous landscape of tariffs affecting the automotive sector, detailing the struggles automakers face with production relocation and strategic decision-making delays. It examines the complexities of incentivizing domestic manufacturing against a backdrop of intricate supply chains, while also addressing the implications of the CHIPS Act and electric vehicle mandates. Additionally, the chapter highlights consumer concerns such as charging anxiety, alongside a notable shift towards hybrid vehicles amid rising EV prices and regulatory hurdles.
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