Etiqueta: Leapmotor

BYD’s Australian importer has declared itself ready and able to withstand the pressure of more than a dozen new Chinese brands arriving in Australia keen to emulate its sales and steal away its market share.

Europe, for all of its bluster, hasn’t taken a completely hard line against the import of Chinese electric cars and hybrids. The resistance in the United Kingdom has been even weaker. Now that the tariff issue has been temporarily resolved, China’s leading EV automaker has a gambit to pierce the heart of even the toughest […]

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The European Commission said on Wednesday it would set provisional duties of up to 38.1% on imports of Chinese electric vehicles, a move likely to draw possible retaliation from China.

China has been accused of dumping cheap electric cars on EU countries. But poor sales, price wars and tariff threats have prompted a change of mood among some Chinese auto producers.

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.

To counteract market dumping, the European Union will slap tariffs of up to 38% on electric vehicles from China. This puts additional strain on China’s EV manufacturers, which already face poor sales in Europe.