Etiqueta: Europe

Volvo had previously said it would begin selling the EX30 in the United States later this year, but a spokesperson on Wednesday told Reuters that deliveries will not start until 2025, in part due to the introduction of tariffs of more than 100% on Chinese EV imports by the U.S. government. U.S. President Joe Biden unveiled steep tariff hikes on Chinese imports last month, including over 100% on EVs, up from 27.5% earlier. Volvo, the Swedish luxury brand owned by China's Geely, started building the EX30 in Zhangjiakou, China, and said last year it would expand production of the small electric SUV to a plant in Belgium beginning 2025.

Buffett’s holdings in the carmaker are down more than 70% amid increasing technology and trade tensions between the United States and China

“Car Antifreezes Market” Size, Share & Trends Analysis Report 2024 – By Applications (Passenger Vehicle, Commercial Vehicle), By Types (Ethylene Glycol Coolant, Propylene Glycol Coolant,...

North America and Southeast Asia are also favored destinations as firms look to avoid tariffs and better serve carmakers with local operations

Auto giant BYD unveiled its third electric vehicle (EV), the SEAL, in Japan on Tuesday. The sedan, with prices starting at 5.28 million yen ($33,110), follows the previously launched Dolphin and SUV Atto 3. The release was announced at a press conference in Tokyo.

There are still some big questions that remain for British motorists about this relatively little-known brand.

Market Research Forecast published a new research publication on Electric Vehicle Battery Market Insights to 2032 with 232 pages and enriched with self explained Tables and charts in presentable format In the Study you will find new evolving Trends Drivers ...

Ampersand Rwanda has partnered with Chinese electric vehicle and battery manufacturer BYD to produce 40,000 electric motorcycles in Kenya and Rwanda by the end of 2026.  The collaboration is a strategic move for both companies, positioning them at the forefront of the rapidly growing e-mobility market in East Africa.

BYD’s sales have been lukewarm since entering the Japanese passenger vehicle market, where it faces a rebound in the popularity of hybrids and loyalty to domestic brands like Toyota.