The long-term prospects for steel demand from Europe's automotive manufacturing sector are becoming a growing focus for MEPS research partners. Despite a 4.4% increase in new car registrations during the first quarter of 2024, to almost 2.8 million units, registrations dipped by 5.2% in March, ...
Chinese electric-vehicle (EV) manufacturers’ European business has ballooned in recent years as the demand for all things green sky-rocketed. But for some in the region, China’s automakers have been doing too well, and as they have been rapidly gaining market share, they have drawn the ir...
Despite the potential trade barriers and uncertainty caused by the EU's tariffs on foreign electric vehicle (EV) makers in China, including Tesla, China's advantages in terms of both market and manufacturing capacity will continue to position it as a crucial component of the global strategy for ...
Håkan Agnevall, President & CEO of Wärtsilä, said: “We stand at the precipice of a transformational shift in European electricity systems, as wind and solar become the dominant power source to achieve net zero. However, the transition cannot be delivered ...
in China, and only 7.9 percent of those were Chinese brands. U.S. carmaker Tesla's Shanghai factory exported around 340,000 vehicles in 2023, nearly half of which were sold to Europe. Thus, Chinese EV brands hold a relatively small market share in Europe, far from being the main ...
share extensive common interests, and China welcome European automobile companies to further investments in China, including those in EV sector, said the spokesperson, who urged dialogue between two parties to create a fair, non-discriminatory and predictable market environment for development of the ...
In fact, in our most recent trade dispute, which is causing too many headlines in my view, the EV tariff dispute, it's now in WTO and there it has to be sold. We are competitors. And when we mean, when we say competition, we don't mean it in the same way as the Americans. ...
EU Launches Probe into China-Made EV with Threat of a 27.5% Tariff BEIJING, September 14 (TiPost)— The European Union (EU) kicked off an investigation into made-in-China electric vehicles (EV) in the name of protection from market distortion.Credit：Visual China European Commission President...
have huge room for cooperation and share extensive common interests, and China welcome European automobile companies to further investments in China, including those in EV sector, said the spokesperson, who urged dialogue between two parties to create a fair, non-discriminatory and predictable market ...
Reuters learned last week that the European Commission will delay its decision on Chinese EV tariffs until after the European Parliament election on June 9. The new deadline of the provisional tariffs, which were expected to be announced by June 5, is said to be June 10, the day after resu...