Etiqueta: subsidy

Facing the European Union's looming anti-subsidy tariffs on Chinese-made battery electric vehicles (BEVs), BYD is executing a three-pronged strategy—combining geopolitical positioning, product diversification, and global production realignment—to blunt the impact and maintain its rapid global expansion. The approach is already beginning to yield results, narrowing the gap with industry leader Volkswagen and signaling a new phase of competitive pressure for Europe's homegrown automakers.

Electrified vehicles overtake diesel-only counterparts in October, according to the SMMT trade body, as automotive manufacturers near government target

The 2026 Xia MPV carries an official starting price of RMB 206,800 ($29,020), representing a 17.21 percent reduction compared to its predecessor.

When Chinese automakers expand overseas, the real battleground lies not on exhibition stands but in people's hearts.

The next few years could define whether BYD becomes a durable global automaker or a victim of its own rapid rise.

Port congestion, competition pressures loom as Mexico set to increase tariffs on Chinese vehicle imports Automakers in Asia and logistics firms around the world are grappling with uncertainty as they begin to prepare for the impact of an increase in Mexico’s tariff on Chinese vehicle imports from 20% to 50%. This change was announced in […]

BYD’s new electric car may be small, but it’s expected to be a big problem for Toyota and other Japanese...

BYD has launched the 2026 Song Pro DM-i SUV, Song L DM-i hybrid SUV, and Qin L DM-i hybrid sedan, introducing upgrades including longer battery range.

Europe's car industry faces an acute demand shock from Chinese overcapacity & US tariffs. Instead of bailouts & regulatory rollbacks, member-states should co-ordinate buy-European EV subsidies & revive internal demand.

Europe’s car industry faces a perfect storm. Chinese car exports are surging, European producers are being squeezed out of global markets, US tariffs are rising, and domestic demand remains 20% below pre-pandemic levels. Instead of sliding into a costly muddle of regulatory rollbacks, bailouts, and fragmented national subsidies, the EU should harness its single market - 450 million consumers and a vast corporate sector - to drive demand for Europe-made vehicles. That means co-ordinating consumer subsidies with a buy-European clause, applying it to both private and corporate fleets, and using it as a platform for reciprocal EV-subsidy agreements with trusted trade partners. A window for action is open: Germany, France, Italy, and Spain all need to renew their EV-support schemes in the coming months. Together, they represent 70% of EU car registrations—and could launch broader European coordination.