Etiqueta: MG

Chinese carmakers BYD and SAIC subsidiary MG have not yet decided whether they will increase prices on electric vehicle sold in the European Union to offset the impact of additional duties, sources close to the two groups have told Reuters. The sources said that there would be no decision before July 4 when the provisional duties take effect. A spokeswoman for Dacia, Renault's low-cost brand whose electric Spring is imported from China, said that an announcement on its price was "not on the agenda".

Chinese carmakers BYD and SAIC subsidiary MG are awaiting confirmation of new European tariffs on imports of Chinese-made electric vehicles before deciding on any price hikes in Europe to offset the...

New import duties will drive up the cost of Chinese cars sold in Turkey. Authorities want to protect domestic brands and convince Chinese manufacturers to build factories in the country.

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.

Booming Chinese car brand BYD has slashed the price of its most affordable electric car. The Dolphin small hatchback is now $2000 cheaper, with prices starting at $38,890 (before on-road costs) for the base Dynamic and $42,890 for the Premium. Despite the price cut, the Dolphin has not regained its crown as the cheapest EV on sale in Australia. That title belongs to the GWM Ora, which is priced at $35,990 drive-away. [read-more-default-title] Is...

BYD's new electric hot hatch rival to the MG 4 has been spied testing on the streets of...

The BYD Dolphin has received a $2000 price cut in Australia, joining a growing list of discounted electric...

BYD, the Chinese electric vehicle maker can manage the European Union’s additional tariffs on EVs from China—and may grab market share from more severely affected rivals.

(Bloomberg) -- Chinese electric-vehicle stocks gained as analysts said the European Union’s preliminary announcement of tariff increases was in line with market expectations and manageable for companies with cost strength like BYD Co Ltd. Most Read from BloombergHunter Biden Was Convicted. His Dad’s Reaction Was Remarkable.US Inflation Broadly Cools in Encouraging Sign for Fed OfficialsFed Officials Dial Back Rate Forecasts, Signal Just One ‘24 CutStock Bull Run Breaks Record on Fed Decision Day

Trade war looms as Brussels hits firms with import charges