Etiqueta: exports

Chinese carmakers, especially BYD, have been expanding globally, driven by an electric-vehicle price war at home that has reduced prices and impacted profit margins.

According to the latest Kantar BrandZ Most Valuable Global Brands 2024 report, BYD has retained its position within the Top 10 global automotive brands for the second consecutive year, with a brand value exceeding US$10 billion. As a multinational enterprise spanning automotive, rail transit, new energy, and electronics industries, BYD has established a strategic presence across six continents. In 2023,[Read More...]

Beijing on Thursday slammed EU tariffs on Chinese electric vehicles as protectionist behaviour even as the country's top auto exporter said the duties would not derail its expansion plans for Europe, including making EVs in Spain this year.

After months of investigation, the European Union (EU) has announced provisional tariffs on electric vehicles (EV) imported from China, because of what it sees as Beijing’s unfair support for companies that undercut European carmakers.

Citi opens upside catalyst watch on BYD; sees strong exports, domestic markets

Investing.com-- Citibank analysts opened a 30-day upside catalyst watch on BYD Co's (SZ:002594) Hong Kong shares (HK:1211) on Wednesday, stating that lower-than-feared EU import tariffs and strong domestic demand presented tailwinds for the...

The European Commission said it will impose extra duties of up to 38.1% on imported Chinese electric cars from July, risking retaliation from Beijing which said on Wednesday it would take measures to safeguard its interests.

A new electric hot hatch is about to hit the market. The new BYD Seal 06GT was uncovered in China...

BRUSSELS (AP) — The European Union moved Wednesday to hike tariffs on Chinese electric vehicles, escalating a trade dispute over Beijing’s subsidies for the exports that Brussels worries is h…

The EU is set to impose tariffs of up to 38% on Chinese electric vehicles to stop the dumping of cheap cars. But some auto producers are already scaling back investments in Europe due to poor sales.