The European Union said on Wednesday that it would impose additional tariffs of up to 38 percent on electric vehicles imported from China into the bloc, in what E.U. leaders called an effort to protect the region’s manufacturers from unfair competition. The move, a month after President Biden quadrupled U.S. tariffs on Chinese electric vehicles… Continue reading E.U. Hits Electric Vehicles From China With Higher Tariffs
Tag: Geely
EU Levies Up to 38% Tariffs on China EVs, Trade Tensions Rise
The European Union has announced that it will impose tariffs of up to 38.1% on electric vehicles (EVs) imported from China. This decision, effective from next month, not only targets Chinese automakers like BYD Co. Ltd BYDDY, Geely Automobile Holdings GELYY and SAIC Motor Corp., but also impacts Western companies such as Tesla TSLA and… Continue reading EU Levies Up to 38% Tariffs on China EVs, Trade Tensions Rise
German FAZ: Charging stations from Raunheim007108
The car manufacturer Lotus, which is part of the Chinese Geely Group, wants to significantly improve the charging infrastructure for electric vehicles and thus increase acceptance of the purchase of electric cars. The innovative charging stations were developed at the Lotus headquarters in Raunheim (Gross-Gerau district). The British car manufacturer Lotus, founded in 1952, was… Continue reading German FAZ: Charging stations from Raunheim007108
Synop is one of the few doing V2G projects commercially: Q&A with co-founder
By all accounts, electric school buses offer an ideal use case for vehicle-to-grid (V2G) technology. Synop provides software that enables V2G for fleets, allowing local utilities to communicate with fleet operators and initiate V2G transactions. V2G pilots abound, but Synop is one of the few firms that can claim to be doing V2G on a… Continue reading Synop is one of the few doing V2G projects commercially: Q&A with co-founder
‘The whole supply chain is subsidised’: inside the EU’s blockbuster Chinese EV probe
It was just before lunchtime in Brussels, but the working day was creeping towards its end in Beijing, when phones pinged and screens flashed with the numbers that have threatened to upend China’s ties with Europe. Car companies, lawyers, business groups and journalists all received the news at once. After seven months of speculation: 17.4… Continue reading ‘The whole supply chain is subsidised’: inside the EU’s blockbuster Chinese EV probe
China EV Makers Have Room to Absorb EU Tariffs, Find New Markets
(Bloomberg) — Chinese electric carmakers may be crying foul over the European Union’s imposition of additional tariffs, but they have several options to keep growing, including shifting production to the continent and using fat profit margins to absorb some of the hit. Most Read from Bloomberg Companies could also turn their attention to new markets… Continue reading China EV Makers Have Room to Absorb EU Tariffs, Find New Markets
What’s Going On With Chinese EV Stocks Nio, Li Auto, XPeng On Wednesday?
What’s Going On With Chinese EV Stocks Nio, Li Auto, XPeng On Wednesday? Brussels’ decision to impose tariffs on Chinese electric vehicles will impact companies such as BYD Co (OTC:BYDDF) and SAIC, as well as Tesla Inc (NASDAQ:TSLA), which manufactures in China. Starting next month, the European Commission plans to apply provisional duties of up… Continue reading What’s Going On With Chinese EV Stocks Nio, Li Auto, XPeng On Wednesday?
China EV Makers Have Room to Absorb EU Tariffs, Find New Markets
(Bloomberg) — Chinese electric carmakers may be crying foul over the European Union’s imposition of additional tariffs, but they have several options to keep growing, including shifting production to the continent and using fat profit margins to absorb some of the hit. Most Read from Bloomberg Companies could also turn their attention to new markets… Continue reading China EV Makers Have Room to Absorb EU Tariffs, Find New Markets
China EV Stocks Rise on Bets Tariffs Are Manageable: Street Wrap
(Bloomberg) — Chinese electric-vehicle stocks gained as analysts said the European Union’s preliminary announcement of tariff increases was in line with market expectations and manageable for companies with cost strength like BYD Co Ltd. Most Read from Bloomberg BYD’s Hong Kong-listed shares added as much as 8.8%, the most since January 2023, more than making… Continue reading China EV Stocks Rise on Bets Tariffs Are Manageable: Street Wrap
China urges EU to reverse ‘wrong direction’ on EV tariffs
Beijing hopes the European Union will reconsider tariffs on Chinese electric vehicles and stop going further in the “wrong direction” to shield its auto industry from competition, according to state news agency Xinhua. The reaction from China and others embroiled in the dispute, including European and Chinese car makers, points to clear opposition to the EU decision and an eagerness to… Continue reading China urges EU to reverse ‘wrong direction’ on EV tariffs