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Search Result for “trade war”

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Chinese EV makers' price wars will sow doubts over quality

South China Morning Post, Published on 13/06/2024

» BEIJING - Price competition among Chinese electric vehicle (EV) makers abroad is not sustainable since consumers will start to doubt the quality and reliability of the cars if they are frequently discounted, according to Bain & Co.

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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.

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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.

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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.

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Chinese EV makers fear price war

Lamonphet Apisitniran, Published on 26/03/2024

» Some major Chinese electric vehicle manufacturers are reportedly planning to ask Beijing to prevent a “price war” among Chinese automakers in overseas EV markets, including Thailand, aiming to maintain a good image in the industry.

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China dethrones Japan as top car exporter

Kyodo News, Published on 01/02/2024

» KYODO - China became the world's biggest car exporter in 2023 for the first time, industry data showed, dethroning Japan with strong overseas sales of electric vehicles.

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Musk: Chinese EV firms will 'demolish' rivals without trade barriers

Reuters, Published on 25/01/2024

» SAN FRANCISCO - Tesla CEO Elon Musk said on Wednesday Chinese automakers will "demolish" global rivals without trade barriers, underscoring the heat the United States electric vehicle (EV) market leader faces from the likes of BYD (Build Your Dreams), who are racing to expand worldwide.

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Export demand projected to be resilient

Business, Lamonphet Apisitniran, Published on 02/11/2023

» Automobiles and auto parts, electronics and agricultural products will drive Thai exports in the final quarter of this year, though shipments overall will remain sluggish for 2023, says the Federation of Thai Industires (FTI).