Etiqueta: SAIC
Europe-No price hikes at BYD and MG before confirmation of surtaxes-sces
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...
China EV Firms Scaling Back European Plans Over Subsidy Probe
Chinese firms have reported a decline in sales and a hit to brand image as a result of the EU's recently concluded anti-subsidy probe
BYD, Chinese EV makers account for +40% of German EV imports...
Chinese EV makers, including BYD, accounted for over 40% of German EV imports through April 2024. China remained the largest...
Global EV registrations surge as BYD dominates
The global electric vehicle (EV) new-car market enjoyed strong growth in April, as multiple BYD models performed well.
GM’s Wuling launches new $8,000 Bingo EV in China undercutting BYD’s...
A new low-cost electric car launched Friday to take on BYD’s Seagull EV. GM’s Wuling launched the 2024 Bingo EV...
The Euros are propelling China’s BYD in the face of European...
The Chinese EV maker may escape nearly unscathed from EU tariffs, as it sponsors one of the world’s top soccer tournaments.
Will the EU tariffs have any effect?
Last year China became the world’s largest car exporter by volume but putting a dampener on the party has been the EC’s probe into Chinese EV subsidies which was launched last September. Finally yesterday (June 12) the European Commission (EC) concluded that battery electric vehicles (BEVs) and their supply chains in China benefit from unfair […]
The post Will the EU tariffs have any effect? appeared first on CarNewsChina.com.
China urges EU to reverse EV tariffs, Chery undeterred
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.
BYD: Here’s Why the Chinese EV Maker’s Stock Rallied Today –...
Shares of Chinese electric vehicle (EV) maker BYD Company (OTCMKTS:BYDDY) rallied on Thursday as investors cheered lower-than-anticipated additional tariffs imposed...
European auto stocks fall on uncertainty over China’s tariff response
MILAN (Reuters) -Shares of some of Europe's biggest carmakers fell further on Thursday on uncertainty over how China might respond to the EU's new tariffs on imported Chinese electric vehicles to combat what Brussels sees as excessive subsidies from Beijing. "The risk is that China could also take action that would particularly hit the German OEMs who are exporting to China," said Stifel analyst Daniel Schwarz in Frankfurt. Some investors, however, expect a balanced response from Beijing as Chinese carmakers will still be able to export to Europe, albeit at lower margins.
