Automundo China

Punitive tariffs on Chinese electric cars could prove ineffective

European governments may be wary of budget Chinese electric vehicles flooding their markets but they're also fiercely competing for a share of the manufacturing investment and jobs the new competitors bring. While the European Union investigates China's auto subsidies and considers tariffs on imports, national governments across the bloc are dangling their own incentives to attract Chinese automakers looking to build European factories. Manufacturing costs for Chinese EV makers including BYD, Chery Automobile and state-owned SAIC Motor are much lower at home but they are nonetheless keen to set up in Europe to build their brands and save on shipping and potential tariffs, said Gianluca Di Loreto, a partner at consultancy firm Bain & Company.

Despite offering incentives, Pakistan has not attracted any investors for assembling electric cars

China’s premium electric car makers can expect a smooth road ahead of them in 2024 as both consumer demand and product margins improve

Chinese electric vehicles within the European Union could soon bear import tariffs, with a formal pre-disclosure from the EU expected as early as this week.

Chinese electric vehicle (EV) manufacturers are increasingly relying on U.S. semiconductor company NVIDIA.According to the automotive industry on June 9, China

The latest generation of BYD’s DM hybrid system slashes fuel consumption while extending EV driving range.

The Turkish Ministry of Commerce announced on Saturday that Turkey will impose an additional customs duty of 40 percent on car imports from China, as

Chinese EV tariffs are unlikely to stop the Middle Kingdom from dominating the global EV market. In fact, to some, they’ve become laughable.

Volvo has begun relocating its electric vehicle production from China to Belgium in a strategic attempt to bypass the European Union's anticipated st