The European Federation for Transport and Environment claims that 2024 will see 25% of Europe’s electric vehicle (EV) demand manufactured in China, up from 19.5% last year, and that even 25% tariffs may not be enough to completely ward off Chinese competition. Its report found that a tariff of 25% would make midsize sedans and SUVs from China more expensive than European competitors, but compact SUVs and larger vehicles from China would still be marginally cheaper. Not only does this highlight the gulf of efficiency between East and West, but it gives a good idea as to the level of backlash we could see in retaliation. The US currently employs a tariff of up to 27.5% on certain EV imports,…