Etiqueta: EU

On August 20, 2024, the European Commission disclosed the draft decision on the anti-subsidy investigation (AS689) against battery electric vehicles (BEV) for passengers originating in China, disclosing that it intends to impose definitive countervailing duties of 17% -36.3% on Chinese exporters (the individual duty rate granted to Tesla is 9%).

Canada, following the lead of the United States and European Union, said on Monday it would impose a 100% tariff on imports of Chinese electric vehicles and announced a 25% tariff on imported steel and aluminum from China.

SAIC Motor Corp.’s harsh treatment by European Union negotiators is becoming a cautionary tale of Chinese companies being ill-equipped to operate in Western busines…

BYD's vehicle sales skyrocketed by 40% in Q2 2024, pushing them past Honda and Nissan to become the 7th largest automaker globally.

BYD’s rapid ascent in the automotive rankings is particularly notable as many leading global automakers, including industry giants like Toyota Motor and Volkswagen Group, experienced declines in the same period

(Bloomberg) -- Short-sellers are losing conviction on bets against BYD Co. shares, which may continue to outperform other Chinese electric-vehicle stocks if its results next week are as good as expected.Most Read from BloombergChicago's Migrant Surge Is Stirring Trouble for Democrats in DNC Host CityUK Transport Minister Clears Path for More 20mph Speed ZonesWith Self-Driving Vans, Hamburg Tries to Make Microtransit WorkThe Serious Work That Free Play Can DoShort interest in BYD’s Hong Kong-list

Tesla and BYD are emerging as major winners in the global EV race following the EUs decision to drastically reduce tariffs on Chinese imports, a strategic shift that could redefine market dynamics. EU Slashes Tariffs on...

Electric cars made in China are getting a break after the EU cut proposed tariff rates on EV imports. Tesla...

The car manufacturer BYD wants to establish itself on the world market - also through partnerships, for example with Uber and Forvia.