Trump Tariffs Fuel China's Electric Vehicle Expansion in Central Asia ...Middle East

Even before Chinese electric cars became a mainstay of the bustling streets of Tajikistan's capital, Tolib Raufov knew they would offer an upside to taxi drivers like him. He bought his first Chinese electric vehicle (EV) three years ago for the equivalent of $30,000, he says, and resold it last year. With that money, he was able to buy a model from BYD –- China's leading EV maker that recently overtook Tesla in total sales –- for only $21,000. Raufov says the affordable price, strong local resale value, and savings from no longer needing…

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