"Currently in the Israeli market, buyers of electric cars are enjoying a 10-percent purchase tax, which is much lower than the tax for regular gas cars that gets up to as high as 83 percent," he said. Recently, Chinese Leapmotor's T03 EV made Israel its first export destination, adding...
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“I think the Chinese EV firms have already baked this into their calculations,” Chan says. “As they’ve been ramping up more joint ventures and partnerships and entering other markets of the world, I’ve noticed a very clear reluctance to put that much investment into the US market.” ...
the registrations of traditional fuel vehicles fell by about 13.30% compared to 2022, indicating a rapid shift towards electrification in Thailand. From January to April this year, the top seven best-selling EV models in Thailand were all from China, with the BYD Dolphin and the BYD Seal model...
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Firefly will share the same point of sales as Nio-branded cars, Li said, noting it would be similar to the sales model used by MINI and BMW. Part of BYD's strategy has been to release vehicles and sub-brands for different market segments. EV ...