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In addition to Tesla's significant announcements, the automotive landscape as a whole is evolving with new models from competitors. Notably, Volvo is preparing to release its EV model, the ES90, which promises advanced technology and high performance metrics, while Volkswagen has unveiled plans for its ID. lineup set to hit production in the coming years.
Despite these advancements, the ongoing discussions regarding trade policy, particularly in relation to tariffs, play a critical role in shaping the landscape for electric vehicles (EVs) in global markets.