in December.That month was the eighth straight month for BYD to set new record after sales first topped a 300,000-unit milestone in October. Sales in December surged 45% year-over-year (YoY), accelerating from the previous month’s growth of...
476 EVs with a 18.9% YoY increase and annual delivery thus increased to 118,700 vehicles, up 65% YoY. Zeekr just launched its smart electric sedan 007 in December and began to deliver the model on January 1.
To defuse the threat, the U.S. has options. Customs officials could rule that Chinese EVs don’t qualify for the low-duty or duty-free benefits of being made in Mexico. U.S. policymakers could also pressure Mexico to keep Chinese vehicles out of that country. Or they could bar Chinese ...
Given that Spain was among the major EU states that supported the European Commission's proposal to impose additional duties on Chinese-made EVs in the advisory vote in July, its change of mind, which reflects "rational and objective thinking", is especially welcome as that reflection on the m...
MADRID, June 23 (Xinhua) -- The European Union (EU)'s plan to impose additional duties on Chinese electric vehicles (EVs) may undermine the Spanish market's competitiveness and the transition to more sustainable mobility, an executive of Spain's major auto dealers association has said. ...
China-based EV makers have also complained that Tesla, the largest exporter of EVs from China into the EU, was not included in the official sample, from which the rate for other companies is calculated. The sampled companies were BYD, Geely and SAIC. Tesla secured the lowest extra ta...
The company’s CEO said at a conference in May that it has no plans to sell EVs in the U.S. BYD EVs aren’t being sold in the U.S. now largely because of 27.5% tariffs on the sale price of Chinese vehicles when they arrive at ports. Donald Trump sl...
sale price of Chinese vehicles when they arrive at ports. Donald Trump slapped on the bulk of the tariff, 25%, when he was president, and it was kept in place under Joe Biden. Trump contends that the rise of EVs backed by Biden will cost U.S. factory jobs...
It also plans to establish an industry chain for fuel cell vehicles, particularly those using hydrogen, in its capital Chengdu and nearby municipality Chongqing. Up in China’s northeast, the Jilin government hasthrown its weightbehind helping Hongqi, an auto brand beloved by many Chinese leaders,...
2. Access to the Chinese market: German suppliers can benefit from partnerships with Chinese EV makers. This will give them access to the Chinese market, which is the largest EV market in the world. For example, Daimler has formed a joint venture with Geely to develop new EVs. ...