Etiqueta: Europe

The European Union (EU) reportedly revised its proposed tariffs on Chinese EV imports after gathering more information.

Toyota's global production slid for a fourth straight month in May from a year earlier on lower output in many overseas markets, with the decline in China, where local brands have become much more competitive, particularly sharp. In China, production fell 22%. The Japanese automaker also had lower production in markets such as Thailand, Mexico, Brazil and France although the U.S. and Japan saw output grow.

All-new Inster is Hyundai's smallest EV, and priced around $40,000 will rival the GWM Ora, BYD Dolphin, MG4 and MG ZS EV as Australia's cheapest electric car

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.