Automundo China

As the EU implements increased tariffs on Chinese EVs, Beijing-backed automaker BYD is reportedly building a new $1 billion plant in Turkey.

The EU tariff increases on Chinese EVs began and automakers aren’t sure when expected retaliation will arrive, how serious it will be, or if it involves other sectors.

The Lingang investment promotion service center noted that multiple state-owned enterprises in Shanghai have purchased Tesla Model Y units.

The inclusion of Tesla on the list means that government agencies and public groups can purchase the cars and use them as service vehicles.

EU inspectors visited Tesla Giga Shanghai to determine individual duty rates for Europe new tariffs on EV imports from China.

For the first time ever, Tesla cars have been placed on a Chinese government purchase list, according a to state-owned media outlet.

Tesla's Q2 global sales fell about 5% while Chinese rival BYD's surged

German auto manufacturers such as Volkswagen and BMW have increasingly warned about the potential adverse effects of EU tariffs on the European auto industry’s competitiveness down the line, as well as their own operations in China.

Turkey will soon unveil an agreement with BYD Co. to construct a $1 billion plant in the west of the country, Turkish officials said, boosting the Chinese carmaker’s presence in Europe at a time of escalating trade tensions.