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Chinese electric car makers stung with huge EU tariffs from today

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Chinese electric car makers stung with huge EU tariffs from today
An eight-month EU probe into the Chinese EV sector found makers were benefiting from huge government subsidies to keep prices low and gain an unfair stronghold on the market.

China, eager to show it’s open to non-Chinese brands, puts Tesla...

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Tesla's inclusion shows that China is making a "fair and diverse choice," the head of the China Passenger Car Association told state media.

European Union slaps Chinese electric cars with tariffs of up to...

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European Union slaps Chinese electric cars with tariffs of up to 38% over ‘unfair’ support
A European Commission probe concluded that state subsidies for Chinese EV manufacturers were unfairly undercutting European rivals.

BYD inaugurates Southeast Asia’s first EV factory in Thailand

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BYD inaugurates Southeast Asia's first EV factory in Thailand
Chinese electric vehicle (EV) giant BYD has officially launched its first manufacturing facility in Southeast Asia. The state-of-the-art plant, located in Thailand, marks a pivotal moment in the company's international expansion strategy and further cements its position as a dominant force in the region's burgeoning EV market.

BYD opens $490 mn EV manufacturing plant in Thailand – GreentechLead

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BYD opens $490 mn EV manufacturing plant in Thailand - GreentechLead
BYD, the world’s largest electric vehicle (EV) manufacturer based in China, has inaugurated a new EV production facility in Thailand

Tesla Cars Make It Onto a Chinese Province’s Procurement List

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Tesla Inc.’s locally built cars in China have made it onto a provincial government’s procurement list, meaning that Communist Party workers can buy them for officia…

Tesla Cars Make It Onto a Chinese Province’s Procurement List –...

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Tesla Inc.’s locally built cars in China have made it onto a provincial government’s procurement list, meaning that Communist Party workers can buy them for official use for the first time.

BYD’s steep EV discounting in Thailand sparks backlash, PM Srettha Thavisin...

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BYD's steep EV discounting in Thailand sparks backlash, PM Srettha Thavisin seeks assurances
Prime Minister Srettha Thavisin told BYD Chief Executive Wang Chuanfu, who was in Thailand to mark the opening of its first Southeast Asian factory this week and paid a courtesy call to the premier on Friday, to better manage customer expectations about pricing and ensure local buyers were protected.

BYD produces its 8 millionth EV, takes three months for last...

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BYD produces its 8 millionth EV, takes three months for last million · TechNode
BYD said on Thursday it has produced its eight millionth electric vehicles, just three months after producing its seven millionth unit globally at its

China’s EV battery makers turn to stationary energy storage industry

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China's EV battery makers turn to stationary energy storage industry
Leading Chinese companies in the EV battery market such as Contemporary Amperex Technology Co. Limited (CATL) and BYD are shifting towards the emerging stationary energy storage industry. CATL, leading the market since 2021, has over 40% of the market share for energy storage batteries, as stated in its annual report. Its key clients are the leading state owned power plants such as Huaneng and the leading energy storage system makers like Sungrow Power Supply.