Chief executive Jim Farley said on February 10 that Ford spent double what it had expected on tariffs in 2025.

For manufacturers, distributors and import-dependent businesses, the tariff environment of 2025 has led to the clearest runway for U.S. reindustrialization in decades.

BYD's lawsuit echoes other recent court challenges that have questioned the legality of President Donald Trump's tariffs. 

The manufacturer is not alone in tallying the cost of adjusting to slower-than-expected EV sales.

The proposed new tariff system is part of a batch of reforms Carney announced on February 5 to try to bolster an automotive sector that's been pressured by U.S. tariffs.

Manufacturers that plan with flexibility and act on real-time insight will weather the next disruption more smoothly.

Despite the short-term headwinds, SK’s Ahn said demand for EV batteries is expected to gradually recover this year and be similar to last year’s levels.

The calculus has shifted as the Trump administration placed tariffs on European carmakers.

Envision models built at the Kansas City plant will exclusively be sold in North America, although production of the vehicle for other markets will continue in China.