Chinese cars are close to a US ban – and that could make EVs a lot more expensive
Posted by:
James Thompson
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In a significant move before the Biden administration’s transition, a ban finalized on Chinese and Russian-made software and hardware is set to reshape the future of electric vehicle sales in North America. The legislation aims to safeguard national security interests by prohibiting the sale of connected technology posing potential threats. The impact will be felt across the automotive industry, affecting manufacturers reliant on Chinese suppliers. Delays and disruptions are anticipated as brands navigate new supply chain dynamics to comply with the regulations. The ban will not only influence the availability of vehicle models but also impact autonomous vehicle and ride-hailing service development. The decision is expected to have long-term repercussions on consumer choice and pricing in the electric vehicle market in the U.S.
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