Could US tariffs on Chinese goods endanger adoption of electric construction equipment?
12 June 2024
When news emerged last month that the US government would be raising tariffs on a wide range of Chinese goods, including electric vehicles and batteries, it wasn’t immediately obvious whether this would apply to construction equipment.
But specialist forecasting consultancy Off-Highway Research has confirmed that the increases will indeed apply.
And it has warned that the move could impact the already-slow adoption of electric machines in the US.
The majority of electric construction equipment is produced in China, where manufacturing operations generally sit close to…
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