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Authored by Mike Shedlock via mishtalk.com,

Would You Buy a China-Made Car?

The Wall Street Journal reports 2024 Polestar 2: Built to Compete With Tesla

It’s the age-based survey aspect that caught my eye, not the performance of the P2 that will cost close to $50,000.

BYD to Slash EV Prices Even More

Electrek reports BYD to Slash EV Prices Even More with New Platform as it Looks to Crush ICE Car Sales.

Electrek Reader Comment

Deflationary Push From China

On April 22, I cautioned A Big Deflationary Push From China But Will Biden or Trump Allow That?

Biden Hikes Tariffs 100 Percent

On May 10, I noted Biden Wants EVs so Badly That He Will Quadruple Tariffs on Them

The EU Taxes Vehicles from China that its Own Companies Make

Yesterday, I commented The EU Taxes Vehicles from China that its Own Companies Make

Trump wants to stop China as well.

Look towards Mexico for China’s hoped for work around. Please note BYD Unveils the “Shark” a Plug-in Hybrid Pickup Truck Built in Mexico

China Shock II Is Coming, the EU Will Be Hit Hard, Then the US

On May 17, I commented China Shock II Is Coming, the EU Will Be Hit Hard, Then the US

We are right on schedule for China Shock. And it will happen no matter who wins the election.

Meanwhile, If you are interested in an inexpensive EV, both Trump and Biden want to stop you from having one.

Short-term, a recession will help the Fed. Long-term, inflation pressures are still huge.