Etiqueta: Chery

LONDRES, 13 jun (Reuters) - Chery Auto, el mayor fabricante de automóviles chino por volumen de exportación, espera que su producción prevista en Europa ayude a compensar el impacto de los aranceles de la Unión Europea sobre las importaciones de vehículos eléctricos (VE) fabricados en China, dijo un ejecutivo el jueves. Contar con una producción local "debería ayudarnos a mitigar parte del impacto" de los aranceles, dijo a los medios Charlie Zhang, vicepresidente de Chery Auto y presidente de su

The European Commission made a significant announcement on Wednesday, revealing its intention to levy additional duties on imported Chinese electric vehicles, a move that could potentially ignite tensions with China. These tariffs, slated to take effect next month, could reach as high as 38.1%, depending on the manufacturer. According to the company breakdown provided by the Commission, the provisional tariffs are as follows: - BYD (17.4%) This includes various entities under BYD, such as BYD Auto Co Ltd and Changsha BYD Auto Co Ltd.

The European Commission said on Wednesday it would set provisional duties of up to 38.1% on imports of Chinese electric vehicles, a move likely to draw possible retaliation from China.

While BYD made a fortune out of the 900% increase in EV sales in Southeast Asia last year, its regional rival Vinfast is upping the ante

BYD is building it first plant in Hungary, while Leapmotor will use a Stellantis factory in Poland, as Chery eyes production in Spain and possibly Italy; Great Wall, SAIC and Dongfeng are also assessing opportunities

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.