Former President Donald Trump’s warnings of a “bloodbath” if he loses the November election included a threat that inexpensive electric cars could take over U.S. auto industry markets.
In the United States, the average price of an EV was hovering around $53,000 as of July, while EVs can sell for as low as $11,000, so Sen. Marco Rubio (R-Fla.) has written bills taking aim at EVs that would slap a flat $20,000 tariff on electric vehicle imports.
