The investigation into the EU dairy imports to China launched in August and has been tied to the EU’s tariffs on Chinese electric vehicle (EV) imports into Europe. On October 30, the EU imposed tariffs as high as 45.3% on Chinese EVs. China 73 China New Zealand Denmark Italy 73 ...
BYD's goal for this exhibition is to sell cars to European consumers. Li Yunfei, General Manager of BYD's Brand and Public Relations Department, told TiPost App, "With the main sales models in Europe increasing from one to three, BYD plans to double the number of dealers in Europe to 2...
Tesla to export Model 3 made-in-China cars, something Elon Musk said they wouldn’t do When Tesla started building its Gigafactory in Shanghai, in an attempt to reassure people that the automaker wasn’t just shifting production capacity to China, CEO Elon Musk was adamant that it was to ...
Fiat and many other iconic brands, are making progress in implementing their plan to build an EV factory in Europe, part of partnership reached almost four months ago. The Fiat car maker announced late October that it will spend 1.5 billion euros (US$1.58 billion) to acquire a stake of abo...
If you can’t beat them, sell them. That sums up the attitude at Stellantis, which has just confirmed its plans to sell twoChinese-engineered Lepmotor EVs in Europe this September, with four more cars poised to join the charge before 2028. ...
Chinese carmakers may need up to a decade to "gain a firm foothold" in Europe, the billionaire entrepreneur said - a forecast echoed by He Xiaopeng, CEO of electric vehicle (EV) maker Xpeng who told Reuters his company needs 10 years "to lay a good foundation" on the continent. XPeng...
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Those rock-bottom prices have alarmed automakers and their political allies in the United States and Europe. In May, U.S. President Joe Biden quadrupled tariffs on Chinese EVs to 100%. The European Union is currently investigating China subsidies and may soon raise tariffs on its cars. ...
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With its plans to open two factories in Europe, BYD is positioning itself to capitalize on the growing demand for electric vehicles across the continent. The company announced this summer that it wanted to begin selling its China-made EVs in Europe first, starting with the biggest EV markets ...