Etiqueta: Industry

PARIS (Reuters) -The EU's planned tariffs on Chinese-made EVs will lead to higher prices and deter buyers, Chinese EV giant BYD warned on Monday, adding the tariffs proposed for its vehicles were not a fair, but that it had also not challenged them. Li added that BYD had not yet decided what it's strategy would be to cope with the extra cost.

The EU needs to reassess its development strategy for the automotive manufacturing industry.

Paris Motor Show opens on October 14, showcasing a fierce competition between European and Chinese automakers, including major brands and innovative electric vehicles

China's automobile industry has shown steady growth in 2024, with vehicle production and sales risin

BYD Co., China’s bestselling car brand, may initially offer electric vehicles in Germany for between €25,000 ($27,340) and €30,000, Executive Vice President Stella Li said in a newspaper interview.

On September 26, 2024, the Department of Commerce’s Bureau of Industry and Security (BIS) published a Notice of Proposed Rulemaking that, if finalized, would prohibit the sale or import of certain automotive hardware and software, as well as “connected vehicles” incorporating this technology, from or linked to the People’s Republic of China or Russia.

Germany was one of five EU member states to oppose the introduction of EU tariffs on Chinese electric vehicles. What does this move say about Germany’s and Europe’s strategies toward Beijing?

In 2023, Mexico solidified its standing as a global automotive giant by receiving $7 billion in Foreign Direct Investment (FDI) for automotive manufacturing. Th

(By Taylor and Maurizio, with the collaboration of Maximiliano Mauvecin) In a special two-part article, we address the problems of Alibaba and its relationship with the root of its major issues: Chinese Statism. In this first piece, we focus on its nightmare of external genesis. A clear example of how, if China were to set aside its "capitalist communism" and embrace freedom and independent justice, it would already be the number one power today. The other significant issue for the rest of the world is: if it becomes the number one power, still without respect for liberties, without protection of private property, and without independent justice, how will it affect the free world, individual respect, and fair competition? In a world where the digital economy is advancing by leaps and bounds, the Chinese giant Alibaba stands out as a colossus in the realm of e-commerce. Amid a complex regulatory environment and uncertain business climate, Alibaba faces significant challenges that could define its future and that of the Chinese economy. Its substantial decline is strictly due to the impact of stateist, communist policies from the Chinese government, resulting in millions in market and capitalization losses. This article explores the evolution of Alibaba, its current difficulties, and the opportunities that could arise if the Chinese government opts for a more favorable approach toward the private sector and sets aside interventionist regimes, granting freedom and respect for private property and individual decisions.

German Chancellor Olaf Scholz's rejection of EU tariffs on Chinese electric vehicles failed to stop fellow European Union members voting in favour, exposing how a divided Berlin is struggling to drive EU policy.