The factory's opening comes on the same day that the European Union is expected to begin imposing higher tariffs on EVs made in China due to concerns over competition from the cheaper-priced imports.
In the U.S., the Biden administration also is raising tariffs on Chinese EVs to 100% from the current 25%. The U.S. currently imports very few Chinese cars, but like the European Commission, it worries that subsidies hurt domestic companies and cost jobs.
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