Etiqueta: subsidy

BYD is set to release its Atto 3 compact SUV in Korea on Jan. 15 as it seeks to impose itself on the local market, but its success largely hinges on its price and the consumer response to Chinese batteries.

As BYD prepares to enter South Koreas EV market in 2025, Kia and Hyundai show no signs of concern. Experts highlight that tariffs, subsidy issues, and local consumer preferences make it challenging for BYD to compete with...

“This is sort of a good thing for the reputation of Chinese-made cars in Europe over the long term,” said Paul Gong, head of China auto research at UBS.

Mexico's auto production hits record highs, but investment in logistics, security, and digital infrastructure is critical to meet growing North American demand.

According to EU officials, Brussels is preparing to make technology transfer and local manufacturing requirements mandatory for Chinese companies seeking

The Chinese commerce ministry said on Monday it will file a lawsuit with the WTO against the EU's tariffs on Chinese electric car companies.

As of now, all provinces in China have implemented the car replacement subsidy policy and brought a new wave of growth momentum to the automative market, the CPCA said.

Wang Wentao, in a meeting with French junior trade minister Sophie Primas in Shanghai on Sunday, reiterated the European Union's investigation into China's EVs is a major concern and has "seriously hindered" China-EU auto industry cooperation

The directive comes as, starting Wednesday, Chinese electric vehicles heading to Europe will be subject to tariffs as high as 45.3%

Regardless of partisan differences, there are a number of policy steps that the new administration can take to protect America’s global economic power and influence worldwide.