Showing 1 - 10 of 252
Chinese EVs face new tariffs in Europe
Published on 12/06/2024
» BRUSSELS - The European Union is preparing to apply additional duties of up to 38.1% on imported Chinese electric vehicles starting next month, a move likely to draw possible retaliation from China.
Europe, US 'fearful' of Chinese EVs
Bloomberg News, Published on 07/06/2024
» CHONGQING - Foreign countries are “afraid” of Chinese electric vehicles (EVs), BYD (Build Your Dreams) Co Chairman Wang Chuanfu said in a swipe at European and United States efforts to constrain imports of China-made cars.
Vietnamese EV maker may delay $4bn US plant
Published on 29/05/2024
» The Vietnamese electric car maker VinFast is looking at further delaying a planned $4-billion factory in North Carolina, a person briefed on the matter says, as the loss-making company struggles to gain favour with US consumers.
Nex Point creates EV tie-up with Dayun
Business, Published on 27/05/2024
» Thailand's eco-car segment is likely to face stronger competition from electric vehicle makers as Nex Point Plc, a local assembler of commercial EVs, has teamed up with a Chinese EV maker to embark on a new investment in small EVs.
The high costs of new US tariffs on Chinese EVs
Published on 25/05/2024
» US President Joe Biden’s administration has just announced 100% tariffs on electric vehicles (EVs) manufactured in China, prompting Donald Trump to promise a 200% tariff on Chinese cars made in Mexico if he is elected in November. Neither policy would have notable effects on the US car market because imports of Chinese EVs are minuscule, owing to past tariffs and the anti-Chinese sentiment that has gripped the country in recent years. Nonetheless, the announcement is significant for three reasons.
The high costs of new US tariffs on Chinese EVs
Oped, Published on 25/05/2024
» US President Joe Biden’s administration has just announced 100% tariffs on electric vehicles (EVs) manufactured in China, prompting Donald Trump to promise a 200% tariff on Chinese cars made in Mexico if he is elected in November. Neither policy would have notable effects on the US car market because imports of Chinese EVs are minuscule, owing to past tariffs and the anti-Chinese sentiment that has gripped the country in recent years. Nonetheless, the announcement is significant for three reasons.
China's EV price war spreads overseas
South China Morning Post, Published on 25/05/2024
» BEIJING - A price war among Chinese electric vehicle (EV) assemblers is spreading to overseas markets as more than a dozen players look abroad to bolster sales and chase higher profits to offset losses at home.
Carmakers flag difficult year on costs, muted EV demand
Bloomberg News, Published on 09/05/2024
» PORTLAND - Automakers across Europe and Asia are warning of a challenging year as rising costs and waning demand for electric vehicles (EVs) weigh on profits.
Local EV industry sees bright prospects
Business, Published on 07/05/2024
» Local operators of businesses related to electric vehicles (EVs) remain upbeat about the growth prospects of the Thai EV market, as they do not expect a slump similar to the one in Europe.
China offers subsidies for car trade-ins
Published on 26/04/2024
» BEIJING - China will give a one-time subsidy of up to 10,000 yuan (US$1,380 or 50,000 baht) to consumers who trade in old cars and buy newer models in a move to stimulate the auto industry and the economy.