Polestar Boss Puzzled By U.S. Tariffs Imposed On Chinese EVs, Wants “Fair Trade”

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China Notícia

Electric Vehicles,Europe,Polestar

The company believes its production plans will protect it from tariffs on electric vehicles imported from China

The car manufacturer will start U.S. production of the Polestar 3 shortly. Thomas Ingenlath would also like Polestar to build vehicles in Europe. U.S. deliveries of the 3 will start this quarter. Polestar chief executive Thomas Ingenlath has expressed surprise at the Biden administration’s decision to increase tariffs on electric vehicles built in China and hopes that if free trade isn’t possible, then at least fair trade is achievable.

Additionally, it will make the Polestar 4 at the Renault Korea Motors facility in Busan, South Korea, also allowing it to avoid tariffs when imported into the U.S. Speaking with Auto News Europe, Ingenlath said the firm’s production plans protect it from U.S. tariffs on Chinese products while also keeping it safe from any retaliatory tariffs the Chinese government may enforce. “Free trade is not easy anymore,” he said. “This is not a problem unique to Polestar or this industry.

 

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