Etiqueta: Sales

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...

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.

Chinese manufacturer BYD (short for Build Your Dreams) has announced UK pricing for its BYD SEAL U DM-i plug-in hybrid SUV

Brussels' decision to impose tariffs on Chinese electric vehicles will impact companies such as BYD Co (OTC:BYDDF) and SAIC, as well as Tesla Inc (NASDAQ:TSLA), which manufactures in China. Starting next month, the European Commission plans to apply provisional duties of up to 25% on imported Chinese EVs, aiming to counteract the subsidies Chinese manufacturers receive from their government. This measure could escalate to about 35%, significantly lower than the 100% duties applied by the U.S., t

The European Union will impose additional tariffs of up to 38.1 percent on electric vehicles imported from China starting from July.

Chinese automaker BYD continued its dominance in the Brazilian electric vehicle (EV) market in May, securing an impressive 71.4 percent market share, according to data released by Fenabrave, the Brazilian vehicle distribution federation.

Why You Should Care!

Denza's first flagship store in Hong Kong will open at the end of June, and it will enter more overseas markets in the future.