Of course we must to see how that tariff is reflected in pricing.
Some EVs just have Mexican made components. And some EVs are assembled in Mexico.
https://insideevs.com/news/742353/trump-tariffs-hit-these-evs-hardest/
- The Honda Prologue and the Chevy Equinox EV were some of the best-selling non-Tesla EVs in the third quarter of 2024.
- They’re both assembled in Mexico and risk being affected by President-elect Donald Trump’s 25% tariff on all goods imported from Mexico and Canada.
- Teslas are all U.S. made. But roughly 20-25% of the parts content in all Teslas is Mexico-sourced.
Ford Mustang Mach-E is assembled in Mexico & has 18% of Mexican components & 51% of China made components.
There is a chart at the link enumerating the various model and percentage of Mexican & Chinese components each model has.