Despite the stated goals of accelerating electrification and reducing emissions, Joe Biden administration has announced drastic 400% hike in tariffs for Chinese-built electric cars.
Instead of the current 25% import duty, US buyers of Chinese EVs will have to pay 100% tariff, almost doubling the price, compared to what the same car would cost in most Asian or European countries.
It is worth mentioning that similar, although much smaller, tariffs are considered ...more
Today Ferrari have presented their brand new berlinetta GT - the 12Cilindri. It replaces Ferrari 812 Superfast which was introduced in 2017 Geneva Motor Show, 7 long years ago.
The name "12Cilindri", contrary to what some may say, actually is a great name that sounds good phonetically and is meaningful semantically. Much like other brand names grounded in mechanical reality - "quatro valve", "twin spark", "desmosedici", "525i", 12Cilindri unambiguously points to the ...more
