cross-posted from: https://lemmy.ml/post/15089465

Americans Are Open To Cheap Chinese Cars. That’s 'Scary' For The Rest Of The Auto Industry

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[–] 3 points 2 years ago

One of the ways they have are through CAFE credits - incentives for higher fuel efficiency and electric vehicles, since at least 2012. However the credits are tradeable, so legacy manufacturers instead bought credits from Tesla, and other EV manufacturers

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